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THE government intends to impose a €1,000 tax on profitable companies for two years in a bid to boost state revenues, it was announced yesterday.
The levy could yield some €100 million per year for 2011 and 2012 and is considered to be the business’ contribution towards tackling the economic crisis.
The measure will only affect companies, which have been making profits in the past three years.
“Responding to an appeal by President (Demetris) Christofias we say that businesses recording profits are ready to view the annual contribution of €1,000 for two years positively,” said Manthos Mavromatis, chairman of the commerce and industry chamber (KEVE).
England defender re-visits Ayia Napa – scene of notorious sex tape
MANCHESTER United and England football star Rio Ferdinand has been spotted holidaying in Paphos.
Reportedly staying at the luxurious five-star Elysium hotel, Ferdinand, whose United salary is around €135,000 a week has been seen enjoying a drink at the hotel swimming pool bar with a male friend. They were surrounded by a flock of women in swimsuits and bikinis.
And last Friday, the 33-year-old father of three enjoyed an evening out at the trendy Lime cocktail bar in the town, with footballer pal Ashley Williams who plays for Swansea City.
Staff and customers were said to be delighted at the star’s appearance, adding that he appeared to really enjoy the evening at the rooftop bar.
THE CYPRUS Medical Association (CMA) will go ahead with its new policy of charging €100 to process every complaint against doctors despite Consumers’ Association objections, it emerged yesterday.
Cyprus Consumers association president Petros Markou said yesterday that the €100 fee, introduced on Tuesday by the Council to deter groundless complaints and cover costs, was too high and should be refundable.
Markou said: “We think €100 is too much, and they should make a provision to refund the fee if the complainants’ case is found to be legitimate. Now there is none.”
He explained that such a policy of returning administrative fees is already in place for legitimate consumer complaints against shopkeepers.
BOTH legal and illegal drug use is on the rise in Cyprus and the EU, police warned yesterday.
Cyprus is seeing an upward tend for cannabis and cocaine use.
Between 2006 and 2009, cannabis and cocaine users doubled from 2.1 per cent to 4.3 for cannabis and from 0.6 per cent to 1.2 for cocaine, according to the Cyprus National Monitoring Centre for Drugs and Drug Addiction.
The percentages are still low in a European context.
Teenagers are using both legal and illegal drugs less than their European Union counterparts, according to the European School Survey Project on Alcohol and Other Drugs.
WITH summer in full swing Cypriots are being urged to do their bit to boost the Greek economy by holidaying there.
The campaign, “Holidays abroad? Let’s go to Greece”, will begin this Friday and run till the beginning of July, using roadside billboards and adverts in daily newspapers to get the message out to people.
According to the president of the Cyprus-Greece Business Association, Akis Pigasiou, the campaign is aimed at encouraging all Cypriots who would usually go abroad for their holidays, to go to Greece.
AMID the furore over their loss of business to the new public bus system, it seems taxi drivers are racking up their prices wherever they can.
This was the unfortunate discovery made by one returning Cypriot, who last week had to pay a staggering €70 for a 25 minute journey from the airport to Nicosia.
The hapless traveller, Socratis, arrived just after midnight, making it to the taxi rank by 12.30am where he asked for a cab to the capital.
“I told the secretary (who coordinates taxis from the airport) and he called out to the drivers that I wanted to go to Nicosia,” Socratis told the Cyprus Mail yesterday.
“They all tried to walk as far away as possible, so he ordered one driver to take me. He started swearing and shouting.”
SOVEREIGN Base Area (SBA) and Cypriot authorities were shown to be no closer to solving the recurrent Curium beach poo mystery, after the matter resurfaced in parliament this week.
Green party member George Perdikis asked Agriculture Minister Demetris Eliades for an update on the testing process – which has yet proven inconclusive.
“I am trying to pressure the government into investigating the issue of this unidentified material,” Perdikis told the Cyprus Mail yesterday:
Eliades said that tests carried out by the Genetics Institute were so far inconclusive, and according to an SBA spokesperson yesterday, the samples had been forwarded it on to the United States for further testing.
PROTESTERS against the building of a proposed dual carriageway in Paphos will close the road for a second time this Saturday.
Organisers of the protest are calling on the public to support the demo against the widening of the busy Tomb of the Kings Road in Paphos into a four lane dual carriageway, which local businesses say will adversely affect their trade.
The demonstration is scheduled to take place at 11am on Saturday June 25.
TEN people, arrested in connection with Monday night’s violence in Ayia Napa, were let go on bail yesterday after their lawyer objected to the way the charges were framed at Famagusta District Court.
The ten did not respond to the charges either way pending the court’s ruling on the defence lawyer’s objections.
They are facing charges six charges including assault, interfering with police on duty and possessing attack instruments.
The group, aged between 29 and 47, consists of six Greek Cypriots, two Bulgarians, one Hungarian and a Syrian.
They were part of a larger group consisting of 20 individuals who were harassing shop owners and members of the public around Makarios III avenue leading towards the Ayia Napa harbour.
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.
