Christofias: I have no personal responsibility for incident

2011-10-03

 

President Demetris Christofias has denied personal responsibility for a deadly munitions blast in July, saying a state-appointed investigator who had blamed him had no evidence.              

“The President of the Republic categorically denies that he has personal responsibility for the incident,” he said.          

“This conclusion (by the investigator) is not substantiated by evidence or the material which was submitted to the board of inquiry. On the contrary,” Christofias said in a statement.

 

Seabird turns to Fugro for debt relief

2011-10-03

Troubled Cyprus-based oil industry services provider SeaBird Exploration on Monday agreed to sell its seabed data unit to Dutch infrastructure surveyor Fugro for $125 million as it struggles to repay debt.

Fugro will also charter vessel capacity from SeaBird, according to two contracts worth at least $75 million in total, as part of the tentative deal.

Shares in SeaBird, which is listed on the Oslo stock exchange, almost doubled on the news, giving it a market capitalisation of 76 million Norwegian crowns. Fugro shares fell 4 percent by 1429 GMT as Amsterdam’s blue chip index was down 1.6 percent.

Europe’s brewers welcome conclusions of 6th Beer and Health Symposium

2011-10-03

 

 

Top European scientists and researchers, addressing the 6th Beer and Health Symposium held in Brussels this week showed that moderate beer consumption among adults can be consistent with a healthy adult lifestyle.  

The Symposium highlighted the potential health benefits of moderate beer consumption ranging from a lower risk for cardiovascular disease to positive effects on bone mineral density to benefits accrued from nutrients specific to beer.  

“Research presented at the Symposium shows that moderate consumers have a lower risk of mortality than both abstainers and excessive consumers,” said Symposium chairman and head of the Division of Human Nutrition at Wageningen University Frans Kok

Intensity increases for last eight teams

2011-10-03

THE intensity level at the rugby World Cup was ratcheted up a notch today as the surviving eight teams began their preparations for the knockout phase, while England and New Zealand asked the public to ‘move on’.

The quarter-finalists had settled their Auckland or Wellington bases, the venues for next weekend’s encounters, to take stock of the state of their squads and assess injuries from the final pool matches.

“Teams just have to adapt with injury and setbacks,” Australia’s coaching co-ordinator David Nucifora told reporters in Wellington.

“The games are played at high intensity. Even the ones against the lower ranked teams (in the pools) have been played at huge intensity so injuries will always be a part of it.”

Greece to miss deficit targets in 2011/2012

2011-10-03

GREECE’S admission that it will miss its deficit targets this year and next despite harsh new austerity measures sent stock markets reeling today and raised new doubts over a planned second international bailout.

The gloomy news from Athens brought the spectre of a debt default closer and will weigh on talks among euro zone finance ministers in Luxembourg on the next steps to try to resolve the currency area’s sovereign debt crisis.

European bank shares suffered the heaviest falls on fears that private sector bondholders may be forced to absorb bigger losses than agreed in a July rescue plan for Greece, which was based on more optimistic growth forecasts.

President was responsible for keeping explosives at Mari, Polyviou concludes

2011-10-03

 

PRESIDENT Demetris Christofias was responsible for allowing and keeping in Cyprus the confiscated munitions that exploded on July 11 killing 13 men, and for approving their storage at the Evangelos Florakis naval base in Mari, investigator Polys Polyviou concluded.

Polyviou also blamed defence minister Costas Papacostas and foreign minister Markos Kyprianou — both resigned in the aftermath of the blast — “but the main responsibility belongs to the President of the Republic, who heads the state and the government.”

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2011-10-03

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2011-10-03

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Mari probe: my conscience is clear says Polyviou

2011-10-03

POLYS Polyviou delivered his report on the Mari blast to President Demetris Christofias earlier this morning.

 Christofias described Polyviou’s task’ in compiling the report as having been a ‘tough job”.

Polyviou said that during his meeting with Christofias he explained his basic conclusions.

“He received me very politely, as always, we had a very friendly discussion and that was it,” Polyviou said.

Asked if his conscience was clear, Polyviou said it was.

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.