EXPERTS from the Finance Ministry and the Central Bank warned yesterday that delaying eurozone entry beyond January 1, 2008 could cause serious problems for the economy.
“There is perception that the success of the economy was of our own making and that the adoption of the euro may derail this,” said Zinon Kontolemis, an adviser to the Finance Ministry.
THE PUBLIC should not rush to change their Cyprus pounds to euros right now for fear that will lose out when the final rate is fixed by the EU in July, Central Bank official George Syrichas said yesterday.
POLICE yesterday still had no strong leads in the alleged gang rape of a 14-year-old girl in Limassol.
The incident occurred at shortly after 11 on Saturday night on a beach near the popular teenage hangout of Galatex, in the Yermasoyia area.
The teenager and her 15-year-old boyfriend were on the beach when they were accosted by three strangers.
THE ADMINISTRATION is moving to set a ceiling on the number of non-EU nationals employed on the island, in a bid to halt the influx of illegal workers.
THE ROAD Transport Department has advised motorists to remove tints from their windows if they want to ensure they can obtain an MOT certificate.
Stephen Hughes said he had the windows of his Mini Cooper tinted four years ago at a cost of more than £200, but this week encountered a problem when he took his car for an MOT inspection.
AN AMBASSADOR who was jailed this year after being found guilty of sexually harassing and indecently assaulting two of his secretaries yesterday launched an appeal at the Supreme Court.
THE TOWN Planning Department is examining ways to unite the Larnaca beaches of Mackenzie and Kiti, which are currently separated by the town’s airport.
The Department has assigned experts to figure out the best way to do so: by constructing a bridge, an underground passage or by filling in the sea.
A CABARET manager and a waiter have been remanded in custody for eight days on suspicion of pimping and sexually exploiting a Moldovan woman.
The 21-year-old woman had gone to the police on Monday and told them that the owner of the cabaret where she worked in Nicosia was forcing her to have sex with customers.
TURKISH Cypriot hellim producers in the north stepped up their campaign to have the national cheese of Cyprus patented under its Turkish name, as well as its Greek name halloumi, by staging a “hellim festival” in the buffer zone at the Ledra Palace yesterday.
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.
