EAC energy inefficiency

An article in the FT pointed out that in the UK, one recent study estimated that 54% of electricity supply is lost before power reaches the consumer because of the inadequacies of

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What a European peace plan looks like

The European Council will convene on December 16 to discuss the possibility of imposing sanctions on Turkey concerning Varosha and the Cyprus Exclusive Economic Zone (EEZ). The government has asked the EU

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Russia-Turkey strange bedfellows

For Cyprus, the Russian-Turkish relations have a particular interest for two reasons. First, because of the positive stance of Russia on the Cyprus problem, which annoys Turkey, and second, because of the

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Take charge of your IBAN

The International Bank Account Number (IBAN) is a standard account number structured according to the specifications issued by the European Committee for Banking Standards (ECBS) and the International Organisation for Standardisation (ISO).

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Time for anti-corruption agency

The House of Representatives is set to vote on 9 December 2021 on a bill – which has been pending for years – to establish an Independent Anti-Corruption Authority. The UN has

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Changing environment for banks

The pandemic has caused new turmoil and highlighted the ongoing concerns within the European Authorities about the Union’s banking system. The turmoil accelerated the reassessment and upgrading of the operating rules of

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