Special offers on basics from Cyprus bakeries
THREE main bakeries will be offering discounted bread and milk to their customers while banks remain closed. Yesterday morning Zorbas said it was offering a discount of €1.32 per customer so if...
View ArticlePlenty of fuel, just not enough cash
SOME petrol stations may have to close down as they do not have enough cash to pay for fuel shipments, the head of the stations’ owners said yesterday. “We may have to temporarily close some petrol...
View ArticleUK: Man found dead in snow
A man has been found dead in deep snow after walking home last night in severe weather, police said. The body of the 27-year-old, who has not been named, was found by a farmer in Brierfield, near...
View ArticleSignificant progress achieved during Troika-Cyprus talks
Finance Minister Michalis Sarris said Saturday significant progress was achieved during the Cyprus government talks with Cyprus’ international lenders and this will help reach an agreement. Speaking...
View ArticleBarroso-Rompuy to meet President Anastasiades Sunday
President of the European Commission Jose Manuel Barroso and President of the European Council Herman Van Rompuy are expected to meet with President Nicos Anastasiades on Sunday, sources in Brussels...
View ArticleGreece suffers in Bosnia
Greece played a disastrous game in Bosnia on Friday to suffer a 3-1 defeat that all but condemns it to missing out on direct qualification to the 2014 World Cup finals. Major problems in defense and...
View ArticleEdgar Davids thanks fans
Edgar Davids thanked the Barnet supporters who helped clear snow off the Underhill pitch prior to the Bees 0-0 draw with Cheltenham Town. More than 30 volunteers worked throughout the morning to shovel...
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Cypriot soccer fans protest at Switzerland match
Cypriot soccer fans raise an anti-bailout banner during a 2014 World Cup qualifying soccer match between Cyprus and Switzerland at GSP stadium in Nicosia March 23, 2013. Switzerland missed the chance...
View ArticleCyprus: Police issue advice to cash-carrying public
BANK customers across the island who are withdrawing large sums of cash in the wake of the shaky financial climate in Cyprus are being warned by police to be extra vigilant. Police said security and...
View ArticlePutin foe Berezovsky dead, circumstances “unexplained”
Boris Berezovsky, the Russian oligarch who helped broker Vladimir Putin’s rise to the Kremlin’s top job only to become his fierce enemy, has been found dead at his home in Britain in unclear...
View ArticleTroika agreement
Cyprus has agreed with EU/IMF lenders a 20-percent levy on deposits over 100,000 euros ($130,000) at leading lender Bank of Cyprus and a 4-percent levy on deposits of the same amount at other...
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British Cypriots honour Rt Hon Theresa Villiers MP
The British Cypriot diaspora recognised the commitment and efforts of longstanding political ally, the Secretary of State for Northern Ireland, Rt Theresa Villiers MP for Chipping Barnet, on Friday...
View ArticleCypriot president ‘warned his friends to move money abroad’
Cypriot president Nikos Anastasiades ‘warned’ close friends of the financial crisis about to engulf his country so they could move their money abroad, it was claimed on Friday. The respected Cypriot...
View ArticleCyprus: Murder suspect remanded
A 34 year old was on Sunday remanded in police custody for eight days in connection with two separate shooting incidents in Kophinou on Saturday which led to one death and four injuries. The suspect,...
View Article1,000 bank workers march on Cyprus’ presidential palace
At least 1,000 bank workers fearing for their jobs staged a march on the Cyprus presidency on Saturday ahead of a planned protest outside parliament which is to debate a bailout to save the island from...
View ArticlePeter Andre supports childrens charity
Peter Andre, Mark Wright and Simon Cowell were among the celebrities who came out in force the evening (19 March) to support a children’s charity event in London. Peter and Mark joined stars including...
View ArticleReturn to the Cypriot Pound and fix exchange with GBP
The unbearable lightness of the Eurogroup, a mixture of wishful thinking and revenge, led to the catastrophe of a well standing EU Member State, Cyprus. In the past days have happened things that only...
View ArticleMerkel and the Cypriot Game
Like the Czech Republic of 1937, Cyprus may be a small, distant nuisance. But if Angela Merkel, Germany and the ECB thought they could bully this peripheral state at their ease, they have received...
View ArticleBackground on Bank of Cyprus and Laiki
All eyes in global banking have been fixated on Cyprus’ two largest banks for the last week, as the dramatic steps taken to avoid their collapse, threaten the cornerstones of banking and the EU’s...
View ArticleHow the restructuring of Laiki would work
The legislation passed by the House on Friday allows authorities to split the island’s stricken lenders into ‘good’ and ‘bad’ banks, and is designed to prevent primarily Laiki from collapsing due to...
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