Bomb hoax at English School

STUDENTS and staff at the English School yesterday evacuated the premises after a bomb hoax.

In a brief announcement, Headmaster Graham Gamble said: “We had a call to the school informing us that a bomb had been placed in the school. We immediately evacuated the premises following the school evacuation procedure and called the police.”

He said the police arrived and searched the premises while students were kept at a safe location away from the school buildings. 

Greek investment to Cyprus skyrockets on economic woes at home

OVER THE past 20 months, about 1,500 companies Greek companies have moved their headquarters to Cyprus as a direct outcome of the economic crisis in Greece, the Greek embassy said yesterday

Areas where there is a greater concentration of Greek investments are the financial sector, consultancy services, trade and construction.

According to the Central Bank of Cyprus, Greek investments in Cyprus in 2009 totalled around €710.2 million. Over 400 Greek companies, or 10 per cent of the total companies registered in Cyprus, are now Greek.