Commission launches open debate on labour law

The European Commission today launched a broad open public debate on reviewing labour law and adaptation to the modern world of work. The discussion paper will ask Member States, social partners and

Moody’s drops Lebanon rating to ‘negative’

Moody’s Investors Service has lowered the outlook on Lebanon‘s B3 foreign currency government bond rating to negative from stable due to the ongoing deterioration in the country’s domestic political environment following the

Corporate governance … in the government?

What Cypriot politicians love most in order to cover their backs is to blame everything on their opponents – the present government blames the previous administration for all the ills in society

The legacy of Milton Friedman

By Michael S. Olympios One of the greatest economic thinkers of our time Milton Friedman died last week on November 16th at the age of 94. A half century ago, Milton Friedman’s

The end of rubber stamping

By Michael S. Olympios Chief Consultant Allied Business Consultants In the old days, directors might approve a business plan within hours of hearing it. They saw themselves as sounding boards, not overseers