WINNING COMBO
BYGONE ERA
INSIDE
A UK education on your doorstep at UCLan, Pyla
Recently robbed, an 88-year-old Cypriot can barely comprehend it
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September 23, 2012
INSANITY NEVER ENDS AT THE PALAZZO DE POPOLO INSIDE Cyprus Massive failings in child safety 4
World Protesters rout Libyan militia as 11 killed 9
Budget stays under wraps Cabinet give its approval but says it must go to troika By Jacqueline Agathocleous
Lifestyle What or who makes something a trend? 20-21
Property US home that covers own energy needs 23
Sport Fergie: we must keep our cool at Anfield 40
COFFEESHOP
D
ISCUSSIONS on the 2013 budget wrapped up yesterday, and includes cutting public service jobs by 1,000 but the details must still be put to prospective international lenders, officials said. Cabinet ministers meeting yesterday concluded the draft budget, but officials said figures could change pending discussions with the troika - lenders from the IMF, the European Central Bank and the European Commission. It is unclear when negotiations would start, though officials have said they anticipate talks in October. Some EU officials have estimated Cyprus’s needs at €10 billion, more than 50 per cent of the country’s €17 billion GDP. The island, a euro zone member since 2008, was forced to seek an international bailout in June to support its banks battered by exposure to debt-crippled Greece. Speaking after yesterday’s cabinet meeting, government spokesman Stefanos Stefanou – accompanied by Finance Minister Vassos Shiarly – said the approved budget was different to others, as it was prepared with an eye on the bailout negotiations. “It continues to be a tight budget, to correct the structural problems and distortions which have existed in the Cypriot econ-
omy for many years,” said Stefanou. Having in mind the current economic circumstances and the imminent negotiations with the troika, Stefanou said the budget’s basic aims were to further restrict public expenditures and to support growth. “The 2013 budget provides a further reduction of public servants by one thousand, by continuing the policy of one employment in every four retirements in the public service, as well as the cancellation of 987 permanent positions and rationalisation of the benefits given,” said Stefanou. To support growth, the government has prioritised the projects, he said. “Town-planning, road, water and sewerage works are being promoted as are works in the health sector such as the expansion of Larnaca hospital,” said Stefanou. The government said recently that all non-essential public projects were being put on hold. Stefanou added that depending on negotiations with the troika – and the government’s own counterproposals, which he said would first be agreed with the parties and social partners – “the government will arrange with the House of Representatives when the budget will be tabled and voted on”. Therefore, said Stefanou, “no more information will
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A MORNING WITHOUT CARS
Nicosia’s Makarios Avenue was closed to traffic for five hours yesterday to allow people a car-free morning as part of the annual European mobility week, which aims to raise awareness of the difficulties encountered by pedestrians and oth-
er road users such as the disabled and mothers with prams. This year’s theme is titled ‘Moving in the right direction’. Events were also held in other towns and will continue through the coming week (Christos Theodorides)