Ajet to cease flights in three months

Lawyer cites economic failure due to ‘war’ against airline

AJET, formerly known as Helios Airways, announced yesterday that it would cease all airline operations in the next three months, a move which the ajet’s legal team has emphasised does not relieve the airline of any responsibilities.

EU presidency plans high-level Cyprus talks-sources

EUROPEAN UNION president Finland is trying to arrange discreet high-level talks next Sunday to break a deadlock over Cyprus that threatens to derail Turkey’s EU membership negotiations, diplomats said yesterday.

Affirmative action is sinking the force

‘Women pass the entry exams and then demand desk jobs’

POLICE CHIEF Charalambos Koulentis said yesterday unless immediate steps were taken to change a system that favoured the employment of women over men, the island would soon have a police force on its hands that was “weak and unable to carry out its obligations”.

Tassos too busy decided on second term

PRESIDENT Tassos Papadopoulos said that he has not yet decided upon whether or not he will run for a second five-year term in the February 2008 presidential elections.

“At this moment I am not at all preoccupied with the issue of a second term,” Papadopoulos said in an interview with daily Phileleftheros.

Ministry proposes alternatives for conscientious objectors

THE DEFENCE Ministry is promoting a bill that provides an alternative community service for those who claim to have psychological problems in order to escape their National Guard obligations.

Defence Minister Nicos Symeonides said yesterday that the bill was expected to be ready for implementation by the end of the year.

Sparks fly in Laiki trial

THE TRIAL of a Serbian businessman who is suing Laiki Bank and a now-defunct company known as Antexol resumed yesterday in a Nicosia court.

The main witness of the day was Pambos Ioannides, a top lawyer from President Tassos Papadopoulos’ law offices and director of Antexol Trade Ltd from 1992 to 1995, at the height of the Bosnian war.

Erdogan says no plan to change key law despite EU

PRIME MINISTER Tayyip Erdogan said his government has no plans to change a controversial article of Turkey’s penal code, despite a European Union warning that failure to do so could harm Ankara’s entry bid.

Crucial Laiki merger goes to the vote today

LAIKI’S shareholders meet today to vote on whether their bank should merge with the Marfin Financial Group and Greece’s Egnatia Bank.

The Extraordinary General Meeting (EGM) will be held at Nicosia’s International Conference Centre at 5pm.

Cyprus bourse launches common platform with Athens

A NEW chapter opened yesterday for the Cyprus Stock Exchange (CSE), with the launch of the common platform between the CSE and the Athens Stock Exchange (ASE), which is considered to be a leap towards its modernisation and an official entry into the world market.

Two-thirds of overseas students choose Greece

TWO-thirds of Cypriot students choosing to study abroad opt for Greece, while only 20 per cent go to the UK, and five per cent to the US.

The information is no surprise in light of the fact that three-quarters of the island’s children attend Greek speaking state schools, and links with mainland Greece remain very high.