Time’s up for ailing airline

THE GOVERNMENT is not going to wait for Cyprus Airways (CY) unions to accept or reject a controversial plan to save the airline, and will decide its future today, President Tassos Papadopoulos said yesterday.

Are our streets safe?

A masked predator has been terrorising the capitals women for over a month. JACQUELINE THEODOULOU asks Nicosia women how they feel

TONIGHT IS New Year’s Eve, the most popular night out of the year. But for women across the capital, the festive excitement has been marred by the recent spate of masked attacks.

Libra to sue over Helios losses

LIBRA Holidays Group (LHG), is considering legal action to recoup a £5 million loss the group sustained as a result of the Helios Airways crash last August in which 121 people were killed.

Helios is owned by LHG, one of the biggest UK-based tour operators, which bought the airline late last year. LHG is also listed on the Cyprus Stock Exchange (CSE).

Buyer beware

Consumers asked to be careful at bill-time on New Year’s Eve

THE CONSUMERS’ Association has warned the public to be extra vigilant if they are planning to spend New Year’s Eve out on the town.

Head of the association, Petros Markou, asked consumers to be careful when settling bills at the end of the night and to check what the prices will be beforehand.

January deadline to declare assets

ALMOST 300 civil servants have not submitted a list of their personal assets, despite a relevant law passed last year requiring them to do so.

The new law was supposed to sort matters once and for all, but soon degenerated into a farce when the majority of those affected failed to meet a February 28 deadline for submitting their assets.

New church theft scandal

Second employee charged with misappropriation

A SECOND Archbishopric employee has been accused of serious felonies, in what is only a small glimpse at the dodgy dealings inside the Church at the turn of the decade.

Piraeus Bank bid

PIRAEUS Bank is bidding for the remaining shares in Cyprus’s Euroinvestment and Finance, the Greek bank said, as required by law after recently raising its stake.

Piraeus Bank said in a stock exchange filing yesterday it would offer 25 cents for each share in Euroinvestment, which closed at 28 cents in Cyprus on Thursday.

President’s wish for quick solution and unity

PRESIDENT Tassos Papadopoulos said yesterday he had sent a basket with Cypriot produce to Turkish Cypriot leader Mehmet Ali Talat with good wishes for the New Year.

“I sent to him the usual basket of goods with Cypriot products that I send to the ambassadors with wishes for a good year,” said Papadopoulos.

Murder suspect remanded for eight days

POLICE yesterday announced that 40-year old Georgios Ballaskas will be remanded for eight days, after shooting 22-year-old Arestis Aresti from Paphos at point-blank range on Thursday night and killing him.

Ballaskas, who handed himself in to police, claims that he had shot Aresti in self-defence while the two were quarrelling.

Farmers’ highway protest is over

52-day action ends quietly as potato growers pull away

FACED WITH an unsympathetic public and the police’s no-nonsense tactics, farmers finally decided yesterday to call off their measures and sit at the negotiating table with the government, cancelling another planned march on the Presidential Palace.