MARFIN group’s leaders yesterday dismissed speculation they were bent on growing by swallowing up other businesses, saying their mission was to create jobs and boost the Cypriot economy.
“We like to think big, and are people who keep an open mind,” said group chairman Saoud Balawy.
“We believe in the development and the opportunities afforded by the Cypriot economy.”
OIL AND gas exploration, and last year’s agreement for the two sides to start talks will take centre stage today at the meeting in Athens between President Tassos Papadopoulos and Greek Prime Minister Costas Karamanlis.
Papadopoulos attended an official dinner with Karamanlis last night.
THREE power generators at the Vasiliko power station shut down at lunchtime on Green Monday, leaving nearly half the island without electricity.
Electricity Authority of Cyprus spokesman Costas Gavrielides said that two of the three generators were back up and running by 5pm, with the third however still not in operation by yesterday afternoon.
A BILL is to be drawn up for the tighter control on suspected CIA rendition flights landing at Larnaca Airport, the House Human Rights Committee heard yesterday.
THE NEW Minister of Education and Culture Akis Kleanthous was sworn in yesterday pledging to do his best for education.
The special ceremony at the Presidential Palace, was turned into a tribute to Kleanthous’ predecessor, the late Pefkios Georgiades who died suddenly last month.
HIGH-PROFILE stockbroker Yiannos Andronikou was in court again yesterday charged with concealing shares and defrauding the public out of shares purchased with money from the Forestry Department provident fund.
MANY HEART patients are being forced to the private sector as the Limassol General Hospital remains without a Head for the Cardiological Department.
A HORSE trainer was yesterday given a three-year suspended sentence for illegally bringing over steroids from the north for race horses.
Nicosia resident Jemal Ahmet, 51, was arrested in November 2004 after police found anabolic steroids in his Ayios Dhometios apartment.
A 62-YEAR-OLD pensioner from Paphos is in hot water with the law after an attempt at framing a former love interest badly backfired.
The bizarre case came to light last Friday, when the retired police officer filed a complaint that two Sri Lankan women had conspired to have him poisoned.
OVER HALF of Cypriot pensioners are living on the poverty line, with the income of people aged over 65 the lowest in the European Union.
The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.
