International businesses remain in Cyprus despite deposit haircut

Posted on October 30, 2013

International businesses remain in Cyprus despite deposit haircut, Auditors say

International businesses continue to use Cyprus as their base, despite a €10 billion bailout agreement that featured a haircut on uninsured deposits in a bid to recapitalise the island’s largest …

Illness Takes Its Toll On Stef

Posted on October 30, 2013

The young Kart racer, Stefanos Charalambous, whose exploits we’re following on these pages on a regular basis, endured a tough weekend’s racing this week.

At the Whilton Mill circuit in Northamptonshire, Stef did well in Saturday’s heats, finishing 7th

Letter bomb addressed to Theresa Villiers

Posted on October 30, 2013

Chipping Barnet MP and Secretary of State for Northern Ireland, Theresa Villiers has condemned a rash of attempted attacks on public figures in the country after a letter bomb addressed to her was discovered in Stormont Castle this morning.

The …

Chelsea get the better of Arsenal

Posted on October 30, 2013

Two wins in three days against top English clubs are a sign Chelsea have enough squad depth to compete for honours across the board this season, assistant coach Steve Holland said on Tuesday.

Chelsea beat Arsenal 2-0 to ease into …

Cyprus Airways plane grounded

Posted on October 30, 2013

After a late night meeting Tuesday, the board of Hermes airports Wednesday served an injunction to ground a Cyprus Airways Airbus pending collection of a €4m debt allegedly owed by the airline.
Sources said the aircraft had been due to …

The Troika mission (European Commission, European Central Bank and the IMF) continues its meetings on Wednesday in the context of the second review of the Cypriot adjustment programme.

A number of meetings concerning public finances and structural changes will be …

Holy head of Saint Andrew arrives in Cyprus

Posted on October 30, 2013

The holy head of Saint Andrew was received in Cyprus with state honours, at the old Larnaca International Airport, on a C-130 military aircraft of the Hellenic Air Force.

The saint’s head was received by Archbishop of the Church of …