IT IS the only way to travel.

The week’s trading opened on a low note yesterday with further losses pushing the index down to 227.3, a drop of 0.46 per cent as investors continue to either sell out or shy away.

The introduction of the single European currency, the euro, from 2001 offers a good opportunity for Iran to expand its trade and commercial activities in Europe, say Athens-based bankers.

THE CHAIRMAN of the Football Federation (KOP) yesterday slammed police for their failure to prevent an eruption of hooligan violence at the end of a Nicosia derby on Sunday.

Fans went on the rampage at the end of the Omonia-Olympiakos game at the GSP stadium, which ended in a 1-1 draw.

THE HEALTH Ministry yesterday acted swiftly to dismiss public fears that a Limassol woman diagnosed with Creutzfeldt-Jakob disease (CJD) might be the island’s first case of ‘mad cow disease’.

ALL FIXED telephone numbers will change to eight digits from the current six by December 1, with all calls within Cyprus charged at the same rate, the chairman of the Cyprus Telecommunications Authority (CyTA), Efstathios Papadakis, told the House Finance Committee yesterday.

CUSTOMS police were yesterday trying to get onto the trail of what they believe is a smuggling ring moving cigarettes from the occupied areas to Britain via the government-controlled areas.

OPPOSITION to the proposed new national health plan reached new levels yesterday, with bank workers and all government and semi-government sector employees threatening to strike.

The threat came after a joint meeting of all relevant unions organised by the bank workers’ union, ETYK.

THE TRIAL of suspected Turkish Cypriot drug trafficker Omer Tekogul from Pyla opened yesterday at Larnaca court to rapt attention from a packed courthouse.

Tekogul was arrested on December 1, 2000. He was charged on January 10 on seven counts of possession and intent to supply heroin within the Republic.