Cyprus is among the EU states with best performances on the Single Market Scoreboard. The European Commission announced Thursday the launch of the online Only Single Market Scoreboard, which incorporates comprehensive reports on 13 governance tools including monitoring the correct transposition of EU directives, analysis of infringement proceedings, administrative cooperation networks and various information and
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An unprecedented level of bids and buys from new markets propelled Sotheby’s sale in London of Old Master & British Paintings to GBP 35 mln on Wednesday. Collectors from 33 countries took part in the auction with record numbers from Asia and the Middle East. More than 400 years since El Greco executed ‘Saint Dominic
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* IoD Cyprus: Alan Waring launches his book on governance and risk management Boards and individual directors and executives can no longer take a ‘what can we get away with?’ attitude towards running their organization unless they want to invite the kinds of corporate disaster that occur so regularly, said Dr Alan Waring in his
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Resorts Casino Hotel and The Rational Group, operator of PokerStars, the world's largest online poker site, have reached an agreement to provide online gaming in New Jersey. The agreement links the first casino to open in Atlantic City, New Jersey, with one of the biggest online gaming companies in the world. "This is another blue
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. Intervention by Nicos Anastasiades, President of the Republic of Cyprus, at the Berlin Conference on Youth Employment, on Wednesday, July 3, 2013 Dear Chancellor, I would like to express my appreciation for the invitation to attend the Berlin Conference on Youth Employment. This initiative is extremely important, as youth unemployment is one of the most
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. A week ago, Energy Minister George Lakotrypis signed an MoU with Block 12 oil and gas explorers Noble Energy, Delek and Avner. Together, all stakeholders will jointly decide on how and at what cost to build an LNG liquefaction plant that will allow for exports of natural gas from the various offshore gasfields. This
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The Bank of Cyprus board has decided to set a ceiling of 150,000 euros fro redundancy packages being offered to its 5,760 staff, with the aim of reducing the workforce by 1,200 to 1,500 people. The offer is valid until the end of July and is applicable to all Group personnel, as well as staff
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Following the successful launch of the Cyprus Safety Platform, the first symposium on Critical Infrastructure Protection and the second symposium on Man Made Disasters, the European University of Cyprus is hosting the next event on Friday, July 5. The Cyprus Safety Platform – Risk Communication Day will take place at 16:00 in Auditorium Delta of
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European Central Bank policy will keep interest rates at current or lower levels for an extended period of time, ECB President Mario Draghi said on Thursday, giving financial markets the clearest guidance to date about future rates. "The Governing Council expects the key ECB rates to remain at present or lower levels for an extended
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British Airways welcomed its first Airbus A380 jet, the world's biggest commercial aircraft, on Thursday, part of a $15 billion upgrade to top-of-the-range planes that it hopes will give it a boost in the lucrative market for long-haul business travel. The emergence of the fuel-efficient double-decker through the grey clouds over Heathrow airport in west
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