THE ONCE lucrative property market has come to a standstill as buyers, sellers and banks wait for the full effects of the global credit crunch to show, said property experts yesterday.
According to Charalambos Petrides, Vice President of the Property Valuers’ Association, the credit crunch has come at a time when the property market is due for a correction.
STATE attorneys may have to start from scratch in drafting the proposed law for roadside drugs testing, which is proving to be a legal minefield, the Attorney-general’s office admitted yesterday.
ACCORDING to a report by the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA), studies are equally divided on whether cannabis or prescription drugs containing benzodiazepines are the main culprits in drug-related road accidents.
A BILL from the Green Party to ban smoking in all public areas and nightclubs is being examined by the parliamentary parties.
The Greens’ leader, George Perdikis, yesterday presented the issue to the House Health Committee, where he called for better implementation of the existing law.
CYPRUS police had a direct input in preventing a massive container of cannabis from arriving on the island.
According to Justice Minister Kypros Chrysostomides, Cyprus had received the first tip-off on a container full of furniture, camouflaging 170 kilos of cannabis, found at the Turkish port of Mersin.
AN uneasy lull has settled in the war between the National Bank of Greece and bank employees union ETYK, though hostilities are set to resume next week.
SOCIALIST party EDEK is mulling over the idea of abandoning the red rose as its emblem and bringing back its old badge, the clenched fist.
The image rebrand is part of broader changes in the pipeline. On November 9 the party holds a congress to vote on amendments to its charter, including extending the maximum number of terms for the chairman.
TORRENTIAL rain in Larnaca and Limassol yesterday caused floods and considerable damage.
In Larnaca, large expanses of land flooded in the Troulli area, prompting residents into repeating their request for the creation of a dam.
A GREEK Cypriot man who won €30,000 at a casino in the north was arrested and had the money confiscated by Turkish Cypriot police on his way back through the Ayios Dhometios crossing.
According to Afrika newspaper the man, only identified as Fotis, was treated as “a foreigner attempting to take more than the legal limit in cash out of the country”.
A TRILINGUAL book (in Greek, Turkish and English), that chronicles the Turkish Cypriot community of Limassol before 1974 was launched yesterday at the Town Hall.
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.
