CEO of ailing Cyprus bank slams government Plan B
Nicosia - AFP
The chief of ailing Cyprus Popular (Laiki) Bank, the island's second largest, Friday slammed the government's "Plan B" to win an EU bailout, saying an earlier plan to tax deposits would have been preferable. "Although we knew the gravity of the situation, and the initial proposal of the Eurogroup was painful, it ensured the future of the banking sector," Takis Phidias told state radio. The original terms of a rescue plan for Cyprus proposed by the troika of international lenders would have slapped a levy of up to 9.9 percent on bank deposits. It was overwhelmingly rejected by parliament, leaving the government scrambling to put together a Plan B.
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Bucharest - SANA
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Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
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Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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