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RESIDENTS IN PAPHOS COMPLAIN OF 'SMELLY WATER'
Cyprus Mail - article by Kristian Chrysostomou 31 August 2018
Scores of residents are complaining because water in Paphos and Geroskipou has an earthy taste and smell, daily Politis reported on Friday.
The water in question comes from the Asprokremmos water treatment plant.
According the paper, the low level of water in the Asprokremmos reservoir combined with high temperatures have led to the growth of algae, as shallow waters and heat tend to encourage the growth of the organisms.
Asprokremmos is one of the main water supplies to Paphos and the surrounding region.
The authorities, who were not available for comment on Friday, told Politis that despite being unpleasant, the water was not dangerous.
Tests have been carried out and there was no danger to the health of residents who consume the water, as all results are within allowed levels, they said.
Authorities, however, are trying to solve the problem by chlorination and fine-tuning the refining methods which are being used. In addition, they are increasing the amount of water from the Kannaviou reservoir to affected areas.
Paphos residents, especially farmers, have long been complaining because Paphos is the only area in Cyprus which has no desalination plant and relies solely on dams for its water supply, both for residential and farming use.
A mobile desalination unit had been installed in 2010 but was dismantled in 2016 after it was deemed not cost-effective.
The new plant to be built in Kouklia was approved by the council of ministers last year. It will be in the same location where the mobile plant was and is going to have a daily capacity of 15,000 cubic metres.
The unit is expected to be fully operational by the summer of 2020.
CYPRUS SYMPHONY ORCHESTRA - LATEST ISSUE OF OVERTURE MAGAZINE [Sept to Dec 2018]
The latest issue of the Overture magazine, Issue 6, is available covering the period September to December 2018:
http://www.cyso.org.cy/?page_id=2379
END OF THE ROAD FOR CO-OP BANK
Cyprus Mail - article by George Psyllides 31 August 2018
The end of the workday Friday will see the end of the island’s co-operative sector after more than a century and the birth of the cooperative asset management company (Kedipes) which will be tasked with handling the billions in non-performing loans, which caused the Co-op bank’s failure.
The remainder of its assets and deposits will be transferred to Hellenic Bank and from Monday the co-op bank will cease to exist as an entity and disappear as a brand in the next 15 months.
Kedipes will take over €8.3bn worth of assets of which €6.97bn in NPLs, €0.5bn in ‘good’ loans, around €620m in immovable property, and cash and shares in other companies worth €230m.
The co-op will also pay €139m to 1,026 workers who opted for the voluntary retirement scheme.
Hellenic will be taking over some €9.7bn in deposits, €66m in other obligations, loans worth €4.6bn, including €420m non-performing, Cyprus government bonds totalling €4.08bn, €1.16bn in cash, and other assets worth €25m.
Hellenic has stressed that co-op cards – credit and debit — will continue to be active and customers can also use them at Hellenic Bank ATMs without a charge.
Account numbers will remain the same and co-op chequebooks remain valid. Loan agreements will be transferred with the same conditions unless customers wish to renegotiate according to the terms offered by Hellenic.
Time deposits will maintain their current terms until maturity and insurance contracts will also remain valid under the same terms.
Some 100 co-op branches will be shuttered in the next 15 months, 43 in the first phase. The co-op bank had 172 branches in total.
Out of the 43, 25 did not operate as full-time branches. The timeframe for the first closures is from mid-September to early October.
In October, Hellenic will put in operation two mobile banking units to serve around 40 communities in the countryside.
BRITAIN PLANNING PORT AT RAF AKROTIRI IN CASE OF NO DEAL ON BREXIT
Cyprus Mail - article by Staff Reporter 30 August 2018
Britain is drawing plans to expand a port at RAF Akrotiri to service its military bases on the island in case of Brexit without a trade deal with the EU, a report said on Thursday.
According to The Times, plans for the facility at RAF Akrotiri are already being drawn up as part of preparations to limit the impact of Britain leaving the EU without a deal.
Currently, equipment and other goods headed for the British sovereign bases (SBA) on the island go through Cypriot ports. But British officials are concerned that inspections imposed by the EU without a Brexit deal “would seriously threaten operations,” The Times said.
A small port already exists at Akrotiri but it would need considerable expansion to be able to service the SBAs’ needs.
The Times said the MoD is thought to have put a provisional claim on the £1.5bn contingency funds for no-deal preparations for the project.
It quoted unnamed Whitehall source who said the plans were “essentially to extend the RAF port in Akrotiri because it’s too small to be used properly”. They said that the plan was to “basically build a new one”.
“If we had a no deal the port — a Cypriot one — would become extremely problematic whereas the RAF port is considered British territory,” the source said.
In 1960 when Cyprus gained independence, Britain retained 157 square kilometres of sovereign territory at Akrotiri/Episkopi and Dhekelia which are being used as military bases. It also has radar installations on the Troodos mountain and a listening post at Ayios Nicolaos, in Famagusta.
On Wednesday, the European Union’s chief Brexit negotiator Michel Barnier said the bloc was prepared to offer Britain an unprecedentedly close relationship after it quits the EU, but it would not permit anything that weakened the body’s single market.
“We are prepared to offer Britain a partnership such as there never has been with any other third country,” Barnier told reporters in Berlin after a meeting with German Foreign Minister Heiko Maas, adding that that could include economic as well as foreign and security policy ties.
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