Alpine Skiing World Cup in Val d’Isere

Alpine Skiing World Cup in Val d’Isere

Julia Mancuso of the USA in action during the training session for the Women's Downhill race at the FIS Alpine Skiing World Cup in Val d'Isere, France, December 19, 2014. EPA/IAN LANGSDON

NEWS

Local News December 19, 2014

Bakery robbers wanted

Bakery robbers wanted

POLICE are trying to locate two men who stole €500 in an armed robbery from a bakery in Paphos, early Friday.

According to reports, the two men with their faces covered, entered the bakery on Eleftherios Venizelos Avenue at just after midnight. One of them pointed a gun at the two female employees and demanded the money in the cash register.

The two employees told the police that the perpetrators had a Cypriot accent and that
they were in…

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Local News Football Sport December 19, 2014

‘Cyprus footie just stinks’, says watchdog

‘Cyprus footie just stinks’, says watchdog

By Constantinos Psillides

CYPRUS is one of the worst countries in Europe when it comes to match-fixing, European watchdog Federbet General Secretary Francesco Baranca said on Friday, wanting to speak to whistleblower referee Marios Panayi on his allegations regarding match fixing in the country’s top league.

Baranca told the Cyprus Mail that Federbet had kept a close eye on Cyprus matches for some time.

“We are closely monitoring the situation on the island because of the many irregularities when it…

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Business December 19, 2014

Chairman upbeat over future as Cyprus Airways runs out of time and cash

Chairman upbeat over future as Cyprus Airways runs out of time and cash

By Marie Kambas

The chairman of Cyprus Airways Marinos Kallis, the loss making airline, which is scrutinised by European authorities over alleged unlawful state aid and risks having its license revoked by Cypriot authorities, said the company remains upbeat that it can complete a turnaround even as it runs out of both time and money.

“We need to send a message to the EU that we are credible and are determined to continue the restructuring of the company,” Kallis said…

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Local News Business December 19, 2014

‘Not enough gas’ in Onasagoras

‘Not enough gas’ in Onasagoras

By George Psyllides

ENI-KOGAS has not found enough commercially exploitable natural gas reserves in its first exploratory drill at the offshore Onasagoras field, the energy ministry said on Friday.

According to an official announcement, the joint venture will complete drilling within the next few days and move on to the Amathusa field, also located in bloc 9 of the Cyprus exclusive economic zone.

“Drillship Sapiem 10000 will continue as normal, the exploration programme that started last September,” the ministry said.

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Local News Business December 19, 2014

IMF freezes funds, troika mission uncertain, Georgiades lashes at opposition (updated)

IMF freezes funds, troika mission uncertain, Georgiades lashes at opposition (updated)

By Stelios Orphanides

The troika may delay its next mission to Cyprus scheduled for January 27, to evaluate Cyprus’s progress in implementing its economic and financial reform programme following yesterday’s parliament vote, the Cyprus News Agency reported citing an unnamed troika official.

Earlier, the International Monetary Fund, which together with the European Commission and the European Central Bank comprises the troika that supervises bailouts in the euro area, said it will not release the next tranche of bailout money earmarked…

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Local News December 19, 2014

Declare financial interests, MPs urged

Declare financial interests, MPs urged

TRANSPARENCY Cyprus, a chapter of Transparency International, has invited Cypriot MPs to voluntarily submit a declaration of their financial interests in line with the code of ethics of the European Parliament.

The invitation came in the wake of a big debate over what constitutes incompatible offices and conflict of interest after it emerged that the Central Governor’s daughter was employed at her former husband’s law firm, which represents ex-Laiki Bank’s strongman Andreas Vgenopoulos, indicating a possible conflict of interest.

There…

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Local News December 19, 2014

Most Paphos properties sold to foreigners

Most Paphos properties sold to foreigners

PAPHOS SOLD the most properties to foreigners during the period from 2010 to mid-2014 across Cyprus, a report by Cyprus Economic Intelligence said on Friday.

According to the report, from 2010 to mid-2014, 156 residences valued at over €1 million were sold, but none were luxury flats as foreign buyers went after detached houses on the beachfront – or at least offering sea views.

But in 2013 and 2014, a declining sales trend was observed.

In 2013, the report said,…

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Football Sport December 19, 2014

Focus returns to the pitch in Cyprus

Focus returns to the pitch in Cyprus

By Iacovos Constantinou

Over the past few days all football talk in Cyprus has centered around referee Marios Panayi’s corruption allegations and rightly so, but there are also six games to be played this weekend before the Cyprus league goes on a two-week winter break.

Leaders APOEL face a tricky tie against perhaps one of the most improved sides in recent weeks, third placed Ermis Aradippou.
Their task is made even more difficult as four more players (Manduca, Amorin,…

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Entertainment What's On December 19, 2014

…and a show

…and a show

By Maria Gregoriou

Still don’t know what to do with the kids during the day and you and your party mood on Christmas Eve? Don’t worry, we have got you sorted.

For your outing with the kids, the Loukia & Michael Zampleas Art Museum will be open for children from six to ten-years-old to play games and create their morning away. The kids can get involved in a number of interactive activities and games, run by Museum educator Anna Louca….

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Local News Business December 19, 2014

Third Point, Wargaming increase Hellenic share

Third Point, Wargaming increase Hellenic share

CPB FBO Third Point Hellenic Recovery Fund LP and Wargaming Plc Ltd said they increased their respective stakes in Hellenic Bank Public Company Ltd from 20.32 per cent and 21.04 per cent to 26.98 per cent and 26.46 per cent.

The two shareholders that participated in the lender’s capital increase through a rights issue, were commenting in separate statements at the Cyprus Stock Exchange.

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International News December 19, 2014

Turkey issues arrest warrant for cleric Gulen

Turkey issues arrest warrant for cleric Gulen

By Daren Butler

Turkey has issued an arrest warrant for US-based Muslim cleric Fethullah Gulen, who President Tayyip Erdogan accuses of seeking to overthrow him, state broadcaster TRT Haber reported on Friday.

Gulen, who has lived in self-imposed exile in Pennsylvania since 1999, has been in open conflict with Erdogan since graft investigations targeting the then-prime minister’s inner circle a year ago.

Erdogan blamed the investigation on Gulen, but the cleric denied involvement.

The report could not immediately be confirmed,…

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International News December 19, 2014

Pakistani military says it killed 32 militants in ambush

Pakistani military says it killed 32 militants in ambush

By Jibran Ahmad

The Pakistani army said it has killed 59 militants in clashes in the northwest, including 32 in an ambush in a remote valley near the Afghan border, in intensified fighting since this week’s Taliban massacre of children at a school.

The ambush took place overnight in the northwestern Tirah valley in the Khyber agency, one of the main smuggling routes for arms and insurgents crossing between Afghanistan and Pakistan.

“Security forces ambushed (the) moving group … Fleeing…

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International News December 19, 2014

Man rams car into headquarters of Spain’s ruling party (Update 1)

Man rams car into headquarters of Spain’s ruling party (Update 1)

By Rodrigo De Miguel

A unemployed Spaniard who said he was a ruined businessman rammed a car containing gas cylinders into the headquarters of Spain’s ruling People’s Party in Madrid on Friday, triggering a police alert, official spokesmen said.

No one was injured in the incident, a emergency services spokesman said.

Police cordoned off the central Madrid street where the PP building stands and shut down nearby metro stations. Bomb disposal experts were examining the car as a precaution, a…

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International News December 19, 2014

Hong Kong former official, property tycoon guilty in graft case

Hong Kong former official, property tycoon guilty in graft case

By Yimou Lee and Lizzie Ko

A former top Hong Kong civil servant was found guilty on Friday of accepting HK$8.5 million ($1.1 million) in bribes from executives of property developer Sun Hung Kai Properties Ltd, in the city’s highest profile corruption case.

The jury of six women and three men reached their verdicts after deliberating for five days following a trial that exposed the cozy relationship between the city’s powerful developers and government in the former British colony.

Rafael…

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International News Sport December 19, 2014

FIFA agrees to publish Garcia report in appropriate form

FIFA agrees to publish Garcia report in appropriate form

By Brian Homewood

FIFA’s executive committee has voted to allow publication of former ethics investigator Michael Garcia’s investigation into the bidding process for the 2018/2022 World Cups, president Sepp Blatter said in a statement yesterday.

Football’s governing body had been under increasing pressure to publish a redacted version of Garcia’s report to help shed light on what happened during the turbulent process for the tournaments awarded to Russia and Qatar respectively.

In the statement FIFA said it had asked the…

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International News December 19, 2014

Kenya’s Kenyatta signs security law despite protests

Kenya’s Kenyatta signs security law despite protests

By James Macharia

Kenyan President Uhuru Kenyatta said on Friday he had signed new anti-terrorism measures into law, a day after parliament approved them despite protests by some opposition lawmakers who said they threatened civil liberties and free speech.

The new measures will allow suspects to be held without charge for 360 days, up from 90 days, and punish media organisations if they print material “likely to cause fear or alarm”.

Kenyatta has faced mounting pressure to boost security since…

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International News December 19, 2014

Mandy Rice-Davies, key figure in UK 1960s sex scandal, dies aged 70

Mandy Rice-Davies, key figure in UK 1960s sex scandal, dies aged 70

By Michael Holden

Mandy Rice-Davies, a former model who was at the centre of one of Britain’s biggest political sex scandals – the 1960s Profumo Affair – has died aged 70 after a short battle with cancer, her publicist said on Friday.

Rice-Davies lived with Christine Keeler, who had simultaneous affairs with Britain’s then Minister of War John Profumo and a Soviet naval attaché, a potential Cold War security breach which rocked the then Conservative government of Harold Macmillan.

The…

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Local News December 19, 2014

Cattlers’ association fined for price fixing (updated)

Cattlers’ association fined for price fixing (updated)

By Angelos Anastasiou

THE COMPETITION watchdog (EPA) has slapped the cattlers’ association (POA) with fines totalling €2.1 million for price-fixing and other irregularities.

The fines have to be paid within six months.

According to EPA’s statement, after reviewing and evaluating all available evidence, the competition protection body unanimously found the association in breach of three articles of competition law.

In a statement issued later on Friday, POA said it will appeal the decision. The organisation said it had countered all…

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Local News December 19, 2014

Limassol flat robbed

Limassol flat robbed

CASH, electronics and jewellery worth more than €49,000 were reported stolen form the Limassol apartment of a woman from Russia on Thursday morning.

According to the police, the woman reported that €2770 was stolen in cash along with various items including mobile phones, watches and jewellery worth €46,320 from her fourth floor apartment in Yermasogia.

Police said that the stolen goods were not insured and that the burglars used special equipment to remove the apartment’s front door lock.

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