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The Week Video News 31/8-7/9 2014

cyprus news

Electricity Authority Is Not A Bank - MP

george varnavaThe Electricity Authority of Cyprus (EAC) is a semi-government organisation and not a bank, said EDEK MP George Varnava, in comments about the electricity supplier's decision to impose a 4.5 percent interest rate on overdue bills.

Electricity is a social benefit and should be offered at affordable prices, said the MP, adding that the EAC should show greater social sensitivity and stop profiteering. An organisation with profits of tens of millions of euros should not threaten Cypriot citizens who cannot afford to pay their high bills on time, he said.

Wil de Boer's picture

Thought for Today - Life Is Not A Competition or A Game

Life is not about getting more or doing better, it's not a competition or a game. Life offers you opportunity to be who you are, gives space to your thoughts and awaits patiently for your demands.

Turkey Solely Responsible for Cyprus Occupation - Spokesman

The government has condemned President Recep Tayyip Erdogan's illegal visit to Turkish-occupied north of the island and statements about a two-state solution, saying that Turkey is solely responsible for the occupation here.

Fresh EU-Russia War of Words Over Ukraine

russia crisis ukraineThe EU and Russia have started a fresh war of words over Ukraine, with EU Commission chief Jose Manuel Barroso saying: "if Russia continues to escalate the crisis it will come with a high cost."

The EU will increase sanctions on Russia and time is running out on peace-making, said Barroso.

Hellenic Bank Chairman Steps Down After 95 Million-Euro Loss

Hellenic Bank chairman Makis Keravnos has resigned, in the wake of the bank's latest results - a loss of 95.5 million euros in the first half of 2014.

The decision is amicable, said the bank, which is searching internationally for its new chief.

Unsafe Water in Nicosia, Larnaca Communities

Tests have confirmed unsafe drinking water in Nicosia and Larnaca, specifically in Alambra, Pera Chorio Nisou and Agias Varvaras, said the ministry of health in a statement.

Two Dead in Murder-Suicide in Kornos

murder-suice in kornosA 35-year-old man and a 31-year-old woman have died in a family murder-suicide in Kornos village, said police.

On Wednesday afternoon until late evening, the highway between Larnaca and Nicosia was lit up by flashing blue lights as police cars shuttled to-and-from the murder scene in Kornos, where 31-year-old Stavroula Florou was shot in the head by her ex-husband, Christos Eleftheriou.

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