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Financial Mirror (Cyprus) - - FRONT PAGE -

on 15-year bonds auc­tioned in June 2004.

A Cypriot cou­ple is seek­ing the ar­rest of Mark Un­win and his wife Hayran who ap­pear as prop­erty de­vel­op­ers on land that be­longs to refugees Chris­tos and De­spina Mazios from Ayios Epik­ti­tos. In a sep­a­rate case, a Ni­cosia court up­held an or­der is­sued in Novem­ber order­ing Bri­tons Linda and David Orams to tear down their house and re­turn the land in the oc­cu­pied ar­eas to its right­ful owner, Meletis Apos­tolides. The case could af­fect some 6,000 Bri­tons who have bought prop­erty in the north.

Agent

wanted:

Talat wins:

The elec­tion of Mehmet Ali Talat as pres­i­dent of the TRNC on Sun­day sig­nals a sea change among public opin­ion in the north. He won fom the first round hav­ing se­cured 55% of the votes and ousted Rauf Denk­tash who has con­trolled pol­i­tics since 1983 and is re­garded an ob­sta­cle to re­uni­fi­ca­tion. Pres­i­dent Tas­sos Papadopoulos gave a cau­tion wel­come, while AKEL leader Demetris Christofias called on Talat show “re­spect” for the Greek Cyr­pi­ots.

Moodys warn­ing:

The rat­ing agency said growth would av­er­age 4% over the next two years but chal­lenges re­main in de­clin­ing com­pet­i­tive­ness, ris­ing labour costs, high oil prices and fall­ing tourism re­ceipts.

Big­gest Costa:

Costa Cof­fee is open­ing its big­gest out­let in Europe, with the flag­ship cof­fee house on Ni­cosia’s busy Griva Digheni Ave.

Oh, and Cardinal Ratzinger is elected Pope…

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