Audrey Hepburn Exhibition

Audrey Hepburn Exhibition

A Vespa scooter ridden by British actress Audrey Hepburn in the film 'Roman Holiday' (1953) is displayed ahead of the exhibition 'Audrey Hepburn, Beauty Beyond Beauty' at the Dongdaemun Design Plaza in Seoul, South Korea, November 27, 2014. The exhibition will run from November 29, 2014 to March 8, 2015. EPA/YONHAP

NEWS

Local News Business November 27, 2014

Bank of Cyprus posts 76 million euros after tax profit in January to September

Bank of Cyprus posts 76 million euros after tax profit in January to September

By Marie Kambas

Bank of Cyprus posted a 76 million profit in the first nine months of the year saying its deposits were starting to stabilize while the quality of its loan portfolio remained challenging with rising non-performing loans, the lender said.

The bank, which was suspended from trading on the Cyprus and Athens Stock Exchanges in March 2013 during the bailout crisis, anticipates the resumption of share trading around December 16, the lender said in an emailed statement today.

Read More
Entertainment What's On November 27, 2014

Attack of the rumba boys

Attack of the rumba boys

By Maria Gregoriou

The night will be alive with a bit of flamenco, Latin rhythms, a pinch of rock and a whole lot of rumba at the Powerhouse Restaurant in Nicosia tomorrow where the three-member group Rumba Attack will be fusing together their musical talents for your entertainment while you enjoy dinner or have some drinks at the bar.

Constantinos Lyras and Memnon Arestis will be playing their guitars while the third member of the gang, Savvas Thoma, will be…

Read More
Sport November 27, 2014

Australia’s Hughes dies after being hit by ball

Australia’s Hughes dies after being hit by ball

By Swati Pandey

Australian cricketer Phillip Hughes died in a Sydney hospital on Thursday, two days after being struck by a ball that led to a “catastrophic” injury which caused “massive” bleeding to his brain and ultimately proved fatal.

The international batsman was struck on the neck by a short-pitched delivery when batting in a domestic match on Tuesday, with the force of the blow piercing his veterbral artery, medical staff said at St Vincent’s hospital.

“The head injury he…

Read More
International News November 27, 2014

Greece paralysed by major strike, flights cancelled

Greece paralysed by major strike, flights cancelled

By Angeliki Koutantou and Deepa Babington

Greek labour unions staged a 24-hour strike on Thursday that cancelled hundreds of flights, shut public offices and severely disrupted local transport, in the first major industrial action to cripple the austerity-weary country in months.

Private sector union GSEE and its public sector counterpart ADEDY called the walkout to protest against planned layoffs and pension reform demanded by European Union and International Monetary Fund lenders who have bailed out Greece twice.

All Greek domestic…

Read More
Entertainment What's On November 27, 2014

Flowing Art

Flowing Art

By Maria Gregoriou

Pafos 2017, the organisation in charge of the events being run as part of Paphos being proclaimed the European Capital of Culture for the year 2017, together with exArtis, a cultural movement made up of people wanting to further cultural events in Cyprus, are organising a lecture tomorrow all about the German art movement Fluxus.

The lecture, which will be held at the Old Powerhouse Cultural Centre in Paphos, will be given by German art gallery owner…

Read More
Local News November 27, 2014

Internet users show significant rise

Internet users show significant rise

Internet access for households in Cyprus continued to rise in 2014 reaching 68.6% compared to 64.7% in 2013, a survey issued by the Statistical Service reports.

According to the survey, the individuals that used the internet rose from 65,5% in 2013 to 69,3% in 2014.

A computer is found in 95,5% of households with dependent children, while in households where there are no dependent children the percentage is only 63,2%. The percentage of households with access to a tablet computer…

Read More
Football Sport November 27, 2014

Only a win will do for Apollon in Zurich

Only a win will do for Apollon in Zurich

By Andreas Vou

APOLLON take on FC Zurich on Matchday Five of the Europa League in Switzerland tonight knowing that only a win will leave them with any sort of chance of qualifying for the next round.

The Cypriots made an excellent start in the competition by defeating Zurich 3-2 in the group opener but three consecutive defeats has made the task of reaching the knockout phase extremely complicated.

Apollon are bottom of the group with three points, just…

Read More
International News November 27, 2014

Suicide bomber hits British embassy vehicle in Afghan capital, some injuries (updated)

Suicide bomber hits British embassy vehicle in Afghan capital, some injuries (updated)

By Jessica Donati and Hamid Shalizi

A suicide bomber struck a British embassy vehicle in Afghanistan’s capital on Thursday and there are some casualties, a spokesman for the embassy in Kabul said.

The extent of the casualties was still unclear, officials said.

“I can confirm it was a British vehicle and there are some injuries. We are working with the Afghan authorities,” said the spokesman, who asked not to be identified.

The attack is the latest in a wave of…

Read More
Local News November 27, 2014

Eide wants talks to resume after rebuff on gas plan

Eide wants talks to resume after rebuff on gas plan

By Jean Christou

UN Special Adviser Espen Barth Eide said yesterday that ‘Plan A’ right now was to have the two leaders return to the negotiating table and reach a solution as soon as possible.

Speaking after his meeting with Turkish Cypriot leader Dervis Eroglu, Eide repeated that he understood and respected the fact that his proposal for a twin-track process to discuss hydrocarbons parallel to the talks had not been greeted with enthusiasm by either side.

He said he…

Read More
Local News Comment November 27, 2014

Our View: Anastasiades has the right to opt for best possible treatment

Our View: Anastasiades has the right to opt for best possible treatment

IT WAS welcome news that the taxpayer would not be picking up the tab for President Nicos Anastasiades’ operation and trip to the US, which could easily run into hundreds of thousands of dollars.

Perhaps, other political figures could also show some sensitivity to the financial suffering of residents on this island and give up some of their unearned privileges.

The palace could, however, have announced that Anastasiades would bear the cost of the trip on Tuesday when the initial…

Read More
International News Comment November 27, 2014

Ukraine cock-up

Ukraine cock-up

By Gwynne Dyer

THIS is what former Ukrainian President Viktor Yanukovych, subsequently driven from office by mass protests in Kiev, said to German Chancellor Angela Merkel just one year ago, at the start of the crisis. It was recorded by a Lithuanian television crew, eavesdropping on the conversation with a directional mike, at the European Union summit in Vilnius where Yanukovych announced that he was not going to sign an EU-Ukraine trade deal.

“The economic situation in Ukraine is very…

Read More
Local News November 27, 2014

President to try and close Georghadji affair with new contract

President to try and close Georghadji affair with new contract

By Angelos Anastasiou

THE government has decided to stop flagellating itself over the affair of Central Bank governor Chrystalla Georghadji’s altered contract, with President Nicos Anastasiades meeting with her before departing for New York for heart surgery on Saturday, daily Politis reported yesterday.

Last week, government spokesman Nicos Christodoulides had admitted to shortcomings in the inner workings of the Presidential Palace, which allowed Georghadji’s contract to make it to Anastasiades’ desk for his signature with two clauses amended.

Georghadji acknowledged…

Read More
Local News November 27, 2014

Turkish flight veers off course over presidential palace

Turkish flight veers off course over presidential palace

By Constantinos Psillides

A COMMERCIAL flight of Turkish low-cost airline Pegasus veered off course on Tuesday and flew over the presidential palace due to a fault in the VOR air traffic control system at Tymbou (Ercan) airport in the north, along with bad weather, the Republic’s civil aviation department (DCA) said yesterday.

The Boeing 737-800 was spotted flying at low altitude over the palace, at around noon on Tuesday. The plane set a course over Aglantzia and Agios Dometios and…

Read More
Local News November 27, 2014

Lebanon hopes oil and gas will help boost peace and stability

Lebanon hopes oil and gas will help boost peace and stability

THE discovery of hydrocarbon reserves in the eastern Mediterranean can and should work as a tool for peace, stability, and cooperation in the region, Cyprus and Lebanon said yesterday.

During a meeting between Foreign Minister Ioannis Kasoulides and his Lebanese counterpart Gebran Bassil, it was agreed to strengthen their relations in the energy sector as well as in areas such as search and rescue, liberalisation of flights, tourism and defence.

Speaking after the meeting, Bassil said they agreed that the…

Read More
Local News Business November 27, 2014

Top CBC managers knew of Laiki’s demise, says ex-governor

Top CBC managers knew of Laiki’s demise, says ex-governor

By Angelos Anastasiou

TOP managers at the Central Bank of Cyprus (CBC) should be investigated for their role in the misguided decisions that led to the island’s economic collapse in 2013, former governor Athanasios Orphanides said on Tuesday.

In a live interview for the state broadcaster from his office at the Massachusetts Institute of Technology, Orphanides, who served as CBC governor from 2007 to 2012, tried to defend his record after a Presidential Palace internal report – leaked to the…

Read More
Local News November 27, 2014

Lidington: hydrocarbons must be used for benefit of all Cypriots

Lidington: hydrocarbons must be used for benefit of all Cypriots

By Jean Christou

BRITAIN recognises the rights of Cyprus to exploit its hydrocarbons reserves within its exclusive economic zone (EEZ), Minister for Europe David Lidington said yesterday repeating the UK’s position that they must be used for the benefit of all Cypriots.

Speaking after a meeting at the presidential palace with President Nicos Anastasiades, Lidington said: “The policy of the British government is very clear that we recognise the EEZ of the Republic of Cyprus and the right of…

Read More
Local News November 27, 2014

Bicommunal olive oil festival to unite producers

Bicommunal olive oil festival to unite producers

By Evie Andreou

THE first bi-communal olive oil festival will mark the beginning of a cooperation that will benefit producers on both sides of the divide, Greek and Turkish Cypriot olive oil producers’ associations SEKEP and ZEYBIR announced yesterday.

The festival, called ‘Let’s grow together’ is taking place at the weekend at the Ledra Palace checkpoint area and is supported by the EU-funded ‘Crop Husbandry’ project that has been providing technical support to Turkish Cypriot farmers for the…

Read More
Local News Business November 27, 2014

Church to abandon stake in Hellenic Bank

Church to abandon stake in Hellenic Bank

By Angelos Anastasiou
THE Church of Cyprus has no interest in participating in Hellenic Bank’s planned capital raising and will be selling the rights that it owns, Archbishop Chrysostomos announced yesterday.

Last month, Hellenic announced it plans to raise €220m in fresh capital, more than double its capital needs, according to European Central Bank stress-testing.

At a little over 7 per cent, the Archbishopric is Hellenic’s fourth-largest shareholder and would require nearly €16m in order to maintain its stake. Read More

Local News November 27, 2014

Tourists come mainly for the sunshine, study finds

Tourists come mainly for the sunshine, study finds

By Marie Kambas

CYPRUS must make the most of its mild winter climate during winter by enhancing niche sectors of tourism, a survey conducted by PwC released on Wednesday said.

Enhancing special forms of tourism, such as agrotourism, religious and conference tourism in order to provide incentives for visiting during the winter months was essential, according to the survey, conducted among 500 tourists who visited Cyprus during February and March using structured questionnaires.

“The survey aimed to record the travel…

Read More
Local News November 27, 2014

MPs furious over dormant bill that favours banks

MPs furious over dormant bill that favours banks

By Constantinos Psillides

BANKS may file mass lawsuits against debtors if the House enacts a statute of limitations bill, AKEL MP Aristos Damianou said after discussion at the House Legal Affairs committee.

The legislation was passed ten years ago but was never enacted, since it has been strongly contested by commercial banks. It provides that once a set period of time passes a claim can no longer be validly filed and is scheduled to take effect on January 1, 2015.

Read More

Suggested news from our partners

Cyprus News Digest Podcast

Long time Cyprus Mail contributor and former CyBC reporter Rosie Charalambous kicks off a series of weekly podcasts covering politics, current affairs and culture every Friday. NEW For the latest Cyprus News Digest episode click here

Archives

The Cyprus Mail archives are now online. Following a simple registration procedure, you will find all of our articles going back to October 1997, although some may appear in an older format. Archived articles from June 2013 to date can be found through search on the current website www.cyprus-mail.com. For the archives site, click here.

November 2014
M T W T F S S
« Oct    
 12
3456789
10111213141516
17181920212223
24252627282930