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Financial Mirror (Cyprus) - - FRONT PAGE -

Cyprus prof­its up 290% at CYP 27 mln.

CAIR

plan:

Cyprus Air­ways had un­til Novem­ber 3 to sub­mit a re­vised re­struc­tur­ing plan to the EU to get per­mis­sion to bor­row CYP 58 mln, of which 10 mln will go to re­dun­dan­cies, but the pi­lots union PASIPY and gen­eral staff union CYNIKA re­jected the plan. The plan would have seen 343 laoy­offs, 8% pay cuts for pi­lots and man­agers, and 5% pay cuts for all other staff. (Ed’s note: We all know how that

turned out!)

Res­i­dence

Hard

Ge­or­gio:

The Mouskis fam­ily, owner/op­er­a­tors of the Four Sea­son in Li­mas­sol, cel­e­brated the first an­niver­sary of their Athens prop­erty Res­i­dence Ge­or­gio.

Former UN As­sis­tant Sec­re­tary Gen­eral Gus­tave Feis­sel re­peated com­ments by Arch­bishop Makar­ios by urg­ing Cypri­ots to “seek what is achiev­able, rather than what is de­sir­able” in a so­lu­tion to the Cyprus prob­lem, adding that a so­lu­tion would be im­pos­si­ble if the Turk­ish Cypri­ots “thinned out” in the north.

Greek dairy com­pa­nies were cel­e­brat­ing the ECJ rul­ing in favour of their ‘feta’, de­spite ap­peals by Ger­many and Den­mark, while Cypriot dairies were fall­ing over each other in the usual blame game, not re­al­iz­ing the im­pact it would have on their ex­ports.

Feis­sel on Cyprus:

cheese:

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