Cyprus Mail www.cyprus-mail.com €1
Friday, July 13, 2012
CYPRUS
SPORT
FILM
Paphos tourism to get boost from Lebanese flights 2
FIFA knew of bribes, claims court report
The Amazing Spider-Man opens today
32
centre
MPs approve CY €15m cash boost A second tranche to be given after airline board is restructured By Jacqueline Agathocleous
T
HE House Plenum yesterday unanimously approved €31.33 million to increase ailing state carrier Cyprus Airways’ (CY) share capital, adding, however, an amendment whereby the airline will receive €15 million now and the rest once the majority of its board is altered and it presents a feasible restructuring plan. The amendment, which provides for the remaining €16.33 million to be given in October once the new plan is complete, was passed with just 17 votes against – from ruling party AKEL – and 31 in favour. According to House Finance Committee chairman Nicolas Papadopoulos, the government still has to request the approval of the European Commission to increase the airline’s share capital. The DIKO MP added that CY definitely needed to be rescued, though he said there were reservations over the current rescue plan on the table, which was why a new one was requested. In another amendment,
the opposition parties decided that eight of the 11 members of the CY Board of Directors would stand down. Up until now, eight of the board’s members were appointed by the government; from now on, they will be appointed on the Finance Minister’s advice and with the agreement of the house finance committee. The new board will be expected to present parliament with a new rescue plan in three months time, which will be prepared by “experts and advisors of international prestige”. DISY’s Averoff Neophytou said that by increasing CY’s share capital, Cyprus may be considered violating EU laws. “The only way the share capital increase could be considered legal is if private shareholders participate in its increase; something they have stated they have no intention of doing,” Neophytou pointed out. AKEL general secretary Andros Kyprianou disagreed. “We are not violating European directives; we are moving forward with an increase of the share capital,
TURN TO PAGE 2
A rescue helicopter patrols the air, as part of rescue operations following an avalanche on Mont Maudit mountain, near Chamonix in the French Alps, France yesterday (AFP) SEE STORY PAGE 9
Blood-sucking Caribbean parasite named after Bob Marley A TINY blood-sucking parasite that infests fish on Caribbean coral reefs has been named after Jamaican reggae singer Bob Marley. Arkansas State University marine biologist Paul Sikkel discovered the parasite off the US Virgin
Islands a decade ago, but it was only recently unveiled as Gnathia marleyi as a homage to the late musician. Sikkel said he dubbed the tiny crustacean due to his “respect and admiration” for Marley, who died in 1981.
The National Science Foundation said the creature is a new species within the family of gnathiids, parasites commonly found on coral reefs that are ecologically similar to blood-sucking ticks which are found on land. It infests some fish that in-
habit reefs of the shallow eastern Caribbean. Other celebrities such as comedian Stephen Colbert and singer Beyonce have also had insects named after them, respectively: the Diamphipnoa colberti and the Scaptia (Plinthina) beyonceae.