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Cyprus Mail: Press Review in English, 99-01-13

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From: The Cyprus Mail at <>

Wednesday, January 13, 1999

Confederation dressed as federation

MOST of yesterday's dailies decided to concentrate on different stories yesterday, with no single news item standing out.

Haravghi reported on Dame Ann Hercus' efforts to see the implementation of confidence building measures. According to the left-wing newspaper, while the restart of serious talks can only be scheduled after the mid- April elections in Turkey, the final solution will be confederation "under the banner of federation".

It also quoted US ambassador Kenneth Brill, who was reported to have said that the US would do everything possible to further the talks.

Alithia also reported the story, adding that the government's decision not to deploy the S-300 missiles had given a new impetus to Dame Anne's efforts. The paper added that she would be continuing her shuttle talks with a meeting with Turkish Cypriot leader Rauf Denktash whom she would meet later this week.

Phileleftheros said embattled Interior Minister Dinos Michaelides could be facing a pay cut. The minister had been accused last year of corruption by Disy MP Christos Pourgourides, though he was cleared of malpractice by the Attorney-general. The house has yet to decide on what measures they will take on the matter.

Simerini reported on the Shacolas-Popular Bank merger worth 47 million. By acquiring the Paneuropean Insurance group from Shacolas, the Popular Bank would control 30 per cent of Cyprus' insurance market. Simerini said Shacolas had initially offered Paneuropean to the Bank of Cyprus, who had declined.

Machi's headline concentrated on the two Theodorou brothers killed after gas leaked in their home. The autopsy performed on Monday dismissed previous suspicions of poisonous mushrooms as the cause of their deaths. Instead, gas leaking from various gas cylinders in their cottage has been at the root of the tragedy. Both men died of asphyxia and their wives are being treated in hospital. One of them is in serious condition.

© Copyright Cyprus Mail 1999

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