Cyprus Mail www.cyprus-mail.com
Thursday, October 4, 2012
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Christofias: CoLA won’t be scrapped Nor will the 13th salary - and no privatisations of semi-govt. groups By Jacqueline Agathocleous
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RESIDENT Demetris Christofias yesterday stated for the first time publicly that Cyprus would not accept a bailout from international lenders on the terms currently being offered, while the cabinet convened late into the night to finalise the government’s counterproposals. “You cannot tell someone they won’t receive a 13th (month’s) salary. It automatically means you paralyse the market,” Christofias told Greek state broadcaster NET. “I can assure you, I will not sign any memorandum which scraps CoLA (the cost of living allowance). The same applies to two or three other measures,” he said, adding that he was referring to the 13th month’s salary and privatisations of semi-government organisations. Christofias said he would never sign a bailout deal which called for the sell-off of profitable state-owned enterprises, or which would abolish inflation-linked salary increments. In a 29-page draft economic adjustment programme leaked last month, international lenders the troika – European Commission, European Central Bank and International Monetary Fund – called, among other things, for ending CoLA and embarking on a privatisation programme as part of the terms of the bailout. “We aren’t just saying ‘no’ to them,” Christofias said. “We are giving them coun-
terproposals. They are being prepared, we are in the very final stages and will provide for as much in savings as they (the troika) want,” he said. The cabinet met late into last night to finalise the counter-proposals, which will then be sent on to the political parties. Christofias is scheduled to meet party leaders on Friday for further discussions, as well as the unions, though a time and date for the latter has not yet been set. According to reports yesterday, the counter-proposals include 5.0 per cent scaled salary cuts for wages in the private sector for those who earn over €1,500; scaled pay cuts in the public sector, again for salaries above €1,500; a VAT increase from 17.0 per cent to 18.0 per cent; added tax on luxury cars, alcohol and cigarettes; and a penalty for public sector workers who chose early retirement. The president’s comments were not welcomed by main opposition DISY’s presidential candidate, Nicos Anastasiades, whose spokesman, Tasos Mitsopoulos, yesterday called on the government to “take a serious and responsible stance” and stop negotiating with the troika through the media. “(Christofias) chose to negotiate on air, before Friday’s meeting (with the party leaders) and before even informing the state’s political leadership,” said Mitsopoulos, adding that Christofias was turning against the same people he had sought assistance from.
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British police personnel attend the funeral of murdered police colleague Nicola Hughes at Manchester Cathedral yesterday. Hughes, together with another officer, was killed on September 18 in a gun and grenade attack, responding to what was thought to be a routine burglary call in Manchester (AFP)
ABBA museum to open in Swedish capital in 2013 A MUSEUM devoted to pop supergroup ABBA will open next year in the Swedish capital aiming to attract hundreds of thousands of visitors, organisers said on Wednesday. The museum, a permanent exhibition within a hall of fame of Swedish pop music, will feature memorabilia like stage costumes worn by the singers. Visitors will also be able to sing along to ABBA songs alongside
life size holograms of the group. “Swedish pop music is an important part of our cultural heritage,” said former ABBA member Bjorn Ulvaeus, who is one of those behind the museum’s creation. “And ABBA is one of our most well-known brands.” ABBA shot to fame when they won the 1974 Eurovision Song Contest with the song “Waterloo”. They went on to become one of
Sweden’s biggest exports with such hit songs as “Dancing Queen” and “Gimme Gimme Gimme (A Man After Midnight)”. The group sold around 370 million records in total and are part of a rich Swedish pop tradition which includes Roxette, Ace of Base, Europe and Kent. Separate plans for an earlier museum on ABBA were shelved in 2008.