. BY SHAVASB BOHDJALIAN I cannot understand why everybody keeps referring to Cyprus as a “financial centre” whereas in reality Cyprus is simply a “booking centre” offering a good service, which in
. The elections are over, the muted excitement and resulting disappointment have subsided and as of Monday morning all the new and re-elected mayors and their half-refreshed teams of councilors should have
New advisory group needed Cyprus losing its grip as a financial centre New advisory group needed BY ANDREAS NEOCLEOUS I have written on a number of occasions to express my concerns at
. The business climate in most of the economy is quite depressing, with few sectors doing well, generating income or even profits, as some are trying hard to maintain staff, let alone
. By Shavasb Bohdjalian The EU Summit accord according to which 26 member states except for Britain will pursue stricter budget rules have failed to impress financial markets. The lack of specifics
. The Risk Watch Column By Dr Alan Waring Alpha Bank is seeking to repossess some 70 homes bought from the developer Yiannis Liasides (now bankrupt) and is the latest twist in
. BY PERSELLA IOANNIDES Despite a welcome intervention by global central banks on 24/11, the Eurozone remains on a precipice as Brussels continues to hesitate in the face of German resistance. However,
. BY SHAVASB BOHDJALIAN In response to the deepening debt crisis and strains in lending rates, the European Central Bank (ECB) is widely expected to reduce its main refinancing rate (borrowing rate)
. DR. JIM LEONTIADES Cyprus International Institute of Management It is difficult to understand the thinking of the public sector unions as regards the proposed strike action on Thursday. By any comparison
. Perhaps trade union officials have not yet realised that Cyprus now has its back to the wall and there is no way forward apart from severe austerity measures. Going on strike
