Новости за 07.08.2017

President Nicos Anastasiades’ interview in a Sunday newspaper in which he said the two sides were close to reaching a settlement deal in Switzerland but this was scuppered by Turkey’s insistence on the permanent presence of 1,800 Turkish soldiers on the island, was criticised across the political spectrum on Monday. To Diko, his comments were […]

Spinner Moeen Ali crowned his excellent series by taking five wickets as England beat South Africa by 177 runs in the fourth test on Monday to secure a 3-1 series victory. South Africa, needing 380 to win, were bowled out for 202 on the fourth day with Man of the Series Moeen taking 5 wickets […]

Police said Monday they were investigating a case of attempted murder after a 16-year-old was apparently stabbed in the throat and chest in the afternoon. Police said the incident happened at around 3am while the teenager was hanging out at the Phaneromeni church courtyard at the centre of Nicosia with a friend, 17. The pair […]

Days after a reshuffle of Turkey’s top military commanders, President Tayyip Erdogan has revived warnings of military action against Kurdish fighters in Syria that could set back the US-led battle against Islamic State. Kurdish militia are spearheading an assault against the hardline militants in their Syrian stronghold Raqqa, from where Islamic State has planned attacks […]

Moody’s rating agency said it expects the volume of new loans in Cyprus in 2017 to be the highest since 2013, pointing out that an increase while maintaining strong underwriting standards and best practices, will be credit positive for banks. The rating agency cites the quarterly bank lending survey issued last Tuesday by the Central […]

Greece’s Ekaterini Stefanidi, the new queen of the pole vault, added the one missing gold medal to her big-event collection when she soared to the world title with the best vault of her life on Sunday. In a repeat of last year’s Olympic final in Rio de Janeiro, the destination of the gold came down […]

While making plans for the weekend, it will be difficult to avoid a trip to the beach so why not make it an awesome trip with booming music and a party atmosphere. Guaba will be at it again on Sunday hosting Fedde Le Grand – considered to be one of the most defining figures in […]

  The head of the Immovable Property Commission (IPC) in the north has complained of a lack of funding and support from Turkey and the Turkish Cypriot authorities. In statements made to Turkish Cypriot daily Havadis, IPC chairman Ayfer Said Erkmen said relations between the committee and the ‘government’ in the north were not good. […]

The Syrian army intensified shelling and air strikes on the last rebel enclave in the Syrian capital on Monday, its heaviest bombardment in a two-month military campaign, rebels and witnesses said. From the strategic Qasyoun Heights that overlooks Damascus, elite units of the army struck Jobar district, some 2km east of the Old City wall […]

Arsenal’s new signings Alexandre Lacazette and Sead Kolasinac stood out with “strong” and “outstanding” performances, manager Arsene Wenger said after his side beat Chelsea to win the Community Shield at Wembley on Sunday. Reading too much into the result of the traditional season curtain-raiser is ill-advised but there were positive signs for Arsenal following their […]

Jordan’s King Abdullah met Palestinian President Mahmoud Abbas in the Israeli-occupied West Bank on Monday for the first time in five years to discuss tensions at a Jerusalem holy site and wider political developments. While the two leaders meet fairly frequently in Amman and other regional capitals, Abdullah has not visited Ramallah, the seat of the Palestinian […]

The Green Party on Monday expressed its anger over the brutal killing of a sea turtle along the Paphos coast and condemned the response of the fisheries department. After being notified of the killing, members of the party went to the scene to investigate and found that the turtle’s limbs had been hacked off. The […]

Twelve Turkish nationals, six children and six adults, were caught attempting to fly out of Larnaca airport using fake papers, police said on Monday. Around noon on Monday, three families of Turkish nationals arrived at Larnaca airport, intending to fly to Germany. During passport control, police realised that some of them had fake passports, while […]

Cyprus ranks 64th in 163 independent countries and territories, according to the 11th edition of the Global Peace Index, published on Monday by the Institution for Economics and Peace. According to the report, which aggregates data on “23 qualitative and quantitative indicators to measure the state of peace”, Cyprus has risen seven spots in the […]

Suffocation due to choking on food was the cause of death of three-year-old Georgia Polycarpou who died on Friday night in Limassol, a post mortem has revealed. The tragic accident occurred while the girl ate at her grandparents’ home. She was rushed to hospital at around 7pm but doctors were unable to resuscitate her. State […]

Italian police said on Monday they had arrested a Sicilian volunteer firefighter who started fires and made fake emergency calls to earn a stipend for responding to them. Soaring temperatures and a prolonged drought are scorching swathes of Italy and wildfires in some areas have been blamed on arsonists. Sicilian police investigated 15 people near […]

  No decision has yet been taken on the opening of the fenced-off town of Varosha, Turkish Cypriot leader Mustafa Akinci said on Monday, stressing that it must be done within the framework of the parameters defined by the United Nations. In an interview with Turkish Cypriot daily Milliyet and translated by the Cyprus News […]

Liverpool manager Jurgen Klopp is satisfied with his current defensive options and believes there are few centre backs in the transfer market who could improve his current squad ahead of the Premier League season. Liverpool were hoping to add Virgil Van Dijk from Southampton but withdrew their interest in the Dutch centre back after Saints […]

A car was destroyed in a fire and another vehicle damaged on Sunday evening in Kaimakli, Nicosia. The car, a Toyota, was parked on the ground floor of a three-floor apartment block at the time. Fire services were notified at 8.30pm and extinguished the fire with the help of two fire trucks. The blaze was […]

Britain’s negotiations over leaving the European Union have not begun well due to disagreements among Prime Minister Theresa May’s team of ministers about the kind of deal they should be seeking, a former top British diplomat said. Simon Fraser, until 2015 the most senior civil servant at Britain’s Foreign Office and the head of the […]

A record number of flights is expected over the next two weeks according to airport operator Hermes A total of 1,960 flights with about 320,000 passengers on board will travel to and from Larnaca and Paphos airports between Monday and Sunday, August 13. “On average, there will be 280 flights a day and approximately 45,000 […]

As the pace of reduction of non-performing loans in the Cypriot banking system appears to have dropped considerably in the first months of this year with banks resorting to outsourcing their problems to specialised units, two economists interviewed by the Cyprus Business Mail said that the see no light at the end of the tunnel. […]

Previous articles in the Bankers’ Alert series have examined how conventional banking models, which are inherently conservative, may inhibit banks’ efforts to successfully clean up their balance sheets, by efficiently dealing with the insurmountable level of Non-Performing Loans (NPLs). We have argued that traditional banking rationalism, in the form of the traditional management of NPLs, […]

Villages have been looming large in events this summer. Perhaps, after years of urban flow, we’re rediscovering our roots, falling back in love with the homes of our forefathers. Or maybe we’re all just looking for any excuse to get out of the stifling city heat! Whatever the reason, the last month has seen Fengaros […]

Australia will hold a non-compulsory postal vote on legalising same-sex marriage if a second bid to win political support for a national ballot fails, a minister said on Monday. The postal vote proposal offers a path for Prime Minister Malcolm Turnbull to retain the support of both liberals and conservatives in his centre-right coalition, crucial […]