Breaking news

Putin: Russia ready to help
Stephanou: downgrade meaningless
No haircut
Drug sentence
Nod for pension changes

Heavy job losses expected

The economic forecast for 2013-14 has further darkened with cost-cutting, increased taxes and a sharp rise in unemployment predicted. Previous forecasts expected the number of jobless to rise...

Money laundering accusation resurfaces

In an article entitled "` No rescue for black money ", the German newspaper" Badische Neuesten Nachrichten " claims that German taxpayers should protest against financial aid going to the...

Suspected drugs death

A 31-year-old Georgian man was found dead this morning by his father in a house where he was staying in Kato Paphos. According to police, the man’s father found him dead in his bed. Numerous...

Housemaid killed

A Limasol man, who was driving while over the alcohol limit, is in custody today following his involvement in a car accident in Limassol which cost the life of a 28-year-old Philippines.
The...

Laiki being sued

A man has filed a lawsuit in the Paphos district court against Laiki Bank, its board and the former Governor of the Central Bank Athanasios Orphanides claiming that he invested and then lost...

Unemployment estimates rise to 14%-15% over next two years
Germany will protest against financial aid to Cypriot banks, claims article
31-year-old Georgian man found dead by his father
Philippines woman dies of injuries after fatal traffic accident
Private charges against bank and former Central Bank Governor

Local news

23 December 2012 17:23

Putin: Russia ready to help

Russian President Vladimir Putin said his country could provide support to Cyprus as part of an international bailout for the indebted island, but only after euro zone countries have defined...

22 December 2012 18:38

Stephanou: downgrade meaningless

Government Spokesman Stephanos Stephanou, said yesterday, that the new downgrade of Cyprus’ economy by the rating agency Standard and Poor’s is meaningless, given that international markets have been...

22 December 2012 14:02

No haircut

President Christofias ruled out Friday the possibility of a “haircut” on the Cyprus debt.

Asked to comment on reports that the IMF is considering a Cyprus debt write-off, the...

Sports news

23 December 2012 13:03

Wins for APOEL, AEK, Omonia and AEL

APOEL and AEK picked up precious away wins yesterday against Doxa and Apollon respectively to close the gap on league leaders Anorthosis on Saturday.
APOEL won 3-0 with goals from...

23 December 2012 12:31

City leave it late

LONDON — Gareth Barry struck in stoppage time on Saturday to ensure Manchester City kept the pressure on Manchester United in the Premier League title race with 1-0 victory over Reading.
...

21 December 2012 08:55

Blues set for Sparta challenge

NYON - European champions Chelsea's compensation for missing out on the Champions League knockout stages is a last-32 tie against Sparta Prague, former club of their goalkeeper Petr Cech, in the...

Economy

22 December 2012 12:22

New downgrade

NICOSIA - Standard and Poor’s (S & P) have downgraded Cyprus for the third time since August, reducing it by two notches, from B to CCC +.
According to S & P, the situation in...

20 December 2012 18:22

Professional Services driving growth in Cyprus

NICOSIA - The professional services sector has become the main driver of jobs and growth in Cyprus, especially during the economic crisis according to a new report.
"Professional...

21 December 2012 09:45

Budget passed

NICOSIA The House of Representatives has passed the 2013 state budget which contains the measures approved for the adjustment programme, agreed between the government and the Troika (IMF, EC...