Downer cautiously optimistic on Cyprus process

UN Secretary-General Special Adviser Alexander Downer has stressed that he is cautiously optimistic about the perspective for a solution of the Cyprus problem. Speaking to the press after briefing the UN Security

Greece bans anti-flu drug exports

Greece has banned the export of two anti-flu drugs to safeguard its stockpiles in case a new strain of H1N1 flu hits the country, the Health Ministry said on Friday. Although no

THE GREAT DEBATE: How expensive is Cyprus?

EDITORIAL Public debates in recent weeks have been looking into the high cost of living in Cyprus and whether it is affordable by any group of people (tourists, long-term residents, British expats,

How well do you Know Your Customer?

. BY ANDREAS KARMIOS It is estimated that the size of money laundering worldwide through the banking sector, is more than US$ 500 bln to 1 trln annually. Worldwide money-laundering is very

UBS COMMENT: Aesop reloaded

. BY CONSTANTIN VAYENAS In one form or another, Aesop's tale of the ant and the cricket, with its hard lessons about the rewards of thrift and improvidence, is well known. The