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Pre-selling Cyprus gas: a 95% haircut on our children?

. By Fiona Mullen Director, Sapienta Economics Ltd This week the Ministry of Finance announced that it was considering pre-selling gas. It must of course be tempting when we are faced with

23rd May 2013
Comment

Apple enjoyed Irish tax holiday from the start

Apple has operated almost tax-free in Ireland since 1980, welcomed by a government keen to bring jobs to what was then one of Europe's poorest country, former company executives and Irish officials

23rd May 2013
Business

CTO welcomes Cyprus ranking in clean beaches in Europe

The Cyprus Tourism Organisation (CTO) has welcomed the fact that Cyprus ranks first in the list of countries with the cleanest beaches in Europe. CTO Director General Marios Hannides said in a

23rd May 2013
Cyprus

Prosecutor in Berlusconi sex trial receives mail with bullets

The prosecutor in former prime minister Silvio Berlusconi's sex trial has received a series of anonymous letters of threats, including one with two bullets, Milan's chief prosecutor said on Thursday. The letters

23rd May 2013
Business

Singer and Piaf songwriter Georges Moustaki dies at 79

French singer and songwriter Georges Moustaki, beloved in France for his songs celebrating liberty and collaborations with Edith Piaf, died on Thursday after a long illness. He was 79. The Greek-born singer

23rd May 2013
Business

All available resources mobilised to help Cyprus, says Barroso

All available EU resources will be mobilized as quickly and as effectively as possible in order to help Cyprus, European Commission President José Manuel Barroso has said. Barroso was speaking, on Thursday

23rd May 2013
Cyprus

UN World Tourism Organisation SG to visit Cyprus

UN World Tourism Organisation (UNWTO) Secretary General Taleb Rifai is paying Cyprus a visit on Friday with the intention of personally expressing his support to the country’s tourism sector. According to a

23rd May 2013
Cyprus

Man linked to Boston bombing suspect killed by FBI in Florida

A Chechen immigrant who was being questioned about his possible links to one of the Boston Marathon bombing suspects was shot and killed by a federal agent in Florida on Wednesday after

23rd May 2013
Business

Panathinaikos face appeal over licence to play in Greece

Panathinaikos are one of eight clubs in the Greek top flight to be denied licences to compete in next season's championship, the Hellenic Football Federation (EPO) has said. All 16 clubs had

23rd May 2013
Business

IMF’s Lagarde in court for French arbitration case

IMF chief Christine Lagarde arrived in court on Thursday to be questioned by a French magistrate over her role in a 285-million-euro ($366 million) arbitration payment made to a supporter of former

23rd May 2013
Business
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Latest News

  • Cyprus NPLs drop marginally to €830 mln
  • Gold under pressure on inflation, Iraq supplies, Iran crisis
  • Burnham should keep Miliband “out of the Treasury”
  • Soft US CPI data supports sterling, weak dollar
  • Trump risks losing credibility among allies

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Popular

Cyprus NPLs drop marginally to €830 mln

Non-performing loans in Cyprus remained almost unchanged at €830 mln

Gold under pressure on inflation, Iraq supplies, Iran crisis

Gold is down 0.7% to near $4,030 in European trading

Burnham should keep Miliband “out of the Treasury”

Markets will breathe a sigh of relief if incoming UK

Soft US CPI data supports sterling, weak dollar

The British pound is up 0.1% at around 1.3403 against

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