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AKEL happy with DIKO’s decision to stick with coalition.

Author: George Psyllides THE GOVERNMENT and ruling AKEL yesterday appeared satisfied by DIKO's decision to stay in the government coalition. "We welcome the decision of the Democratic Party's central committee decision to continue its participation in the government," government spokesman Stefanos Publication: Cyprus Mail (Cyprus) Full story

‘How can they do this to people?’.

Author: Helen Christophi THE LUKOIL in downtown Nicosia's Nikis Avenue was in chaos yesterday, with long lines snaking around the block and frustration boiling over, as motorists scrambled to fill their tanks at the only petrol station open in the area. Motorists sat in long lines waiting to get Publication: Cyprus Mail (Cyprus) Full story

Siblings plead not guilty to murder charge.

Author: George Psyllides A T.V. PRESENTER and her brother yesterday pleaded not guilty to charges related to the murder of media boss Andis Hadjicostis last month. Full story

EU Commission recommends entry talks with Iceland.

The European Union's executive recommended on Wednesday launching accession talks with Iceland, the start of a process that Reykjavik hopes will lead to EU membership by 2012. The European Commission said Iceland met many of the EU criteria on democracy and human rights but called in a statement Publication: Financial Mirror (Cyprus) Full story

Interfund Cyprus to reduce capital, pay dividend.

The Board of Directors of Interfund Investments Plc (INF) has decided to commence procedures to reduce the Company's share capital by 708.556 shares that are currently held by the Company under its share buyback programme. The Board of Directors of Interfund Investments also decided to propose to Publication: Financial Mirror (Cyprus) Full story

Merkel: Euro in tough position but will survive.

The euro is in a difficult position for the first time but will weather the storm, German Chancellor Angela Merkel said in a newspaper interview published on Wednesday. It was dangerous that some countries were being speculated against, she said, adding that debt-ridden euro zone members such as Publication: Financial Mirror (Cyprus) Full story

Spanish savings bank sector set to undergo restructuring.

The Spanish savings bank sector has been significantly weakened by the severe crisis in the country's real estate market and the overall weaker operating environment. In this context, there is an increased impetus to restructure the sector by means of mergers or other forms of integrations between Publication: Financial Mirror (Cyprus) Full story

Our View: Commerce minister should go after the real culprits for high petrol prices.

IT IS EXTREMELY difficult to know why the Minister of Commerce and Industry, Antonis Paschalides, decided to issue the order setting a ceiling on the price of diesel and two types of petrol. Full story

Paphos grinding to a halt without fuel.

Author: Bejay Browne TRAFFIC on Paphos roads came to a grinding halt yesterday as not a petrol station could be found open anywhere in the town. Late on Monday night, like everywhere else in Cyprus, panicked Paphos motorists flocked to the town's fuel stations in their hundreds, some queuing for Publication: Cyprus Mail (Cyprus) Full story

Sides not backing down in petrol price row.

Author: Charles Charalambous FOUR FIFTHS of the island's petrol stations remained closed yesterday as people scrambled to fill their tanks with an eight-day shutdown looming after the state-imposed price cap on Monday. The Commerce Ministry issued a list of 46 out of 280 petrol stations that it Publication: Cyprus Mail (Cyprus) Full story
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