Archive for June, 2014

Bank of Cyprus to reduce dependency from ECB funding by €0,95 billion

The Bank of Cyprus announced on Thursday it will reduce its dependency from EBC funding by €0.95 billion due to the partial repayment of a government bond held by the bank.
The Bank announced that it has been notified by

US House: Turkey to return Christian properties in occupied Cyprus

The Committee on Foreign Affairs of the U.S. House passed  on Thursday the Turkey Christian Churches Accountability Act (H.R. 4347), introduced by Chairman Ed Royce, which requires an annual report from the State Department on the status of stolen, confiscated

Woman dead in flat for six years

A woman has been found dead in her flat in Dorset six years after she died.

The woman, named locally as Anne Leitrim, lived in Tolpuddle Gardens in the Muscliff area of Bournemouth.

A bailiff, estate agent and two locksmiths …

Defence Minister: Energy enhances Cyprus’ importance

The discovery of significant amounts of hydrocarbons in the Eastern Mediterranean has formed a new reality in the region, which enhances the strategic importance of Cyprus, both financially and politically, as a bridge between Europe and the broader region of …

Larnaca high speed chase

An attempted burglary in Larnaca in the early hours of this morning ended in a high speed chase and one of the suspects being shot by police.
According to police, the saga began at just after 1am this morning when …

easyHotel raises £30m to roll out ‘super budget’ concept

Hotel operator easyHotel, the budget chain owned by easyJet founder Stelios Haji-Ioannou’s easyGroup, has only raised half the £60m it was aiming for as it priced its initial public offer (IPO) on AIM.

EasyHotel said it has raised £30m …

15,000 Euros Cash stashed in cushions stolen from Limassol home

A 78-year-old woman had stashed €16,000 in cash inside cushions, which were stolen from her home in Limassol, police said.

Police said the cash had been hidden inside the cushions, which were then sewn shut. They were located in the

Greek Australian teenager knocks out 13th seed Gasquet at Wimbledon

The support was familiar but the face was not as teenager Nick Kyrgios ushered in a new era for Australian tennis on the lush grass of Wimbledon with an epic five-set triumph against 13th seed Richard Gasquet.

The 19-year-old wildcard …

Nadal fights off bogeyman Rosol, Serena on a roll

ack from the abyss to reach the third round at Wimbledon on Thursday just when it looked as though bogeyman Lukas Rosol had returned to haunt him.

Two years after being knocked out at the same stage by the hard-hitting …

Germany, U.S and Algeria advance, Suarez banned

Germany, the United States and Algeria sealed last 16 World Cup places on Thursday but much of the spotlight was on the tournament’s bad boys as Uruguay’s Luis Suarez got a nine-match ban for biting and Ghana sent two players …