. By Dr. George Demosthenous There seems to be a consensus that the tertiary education sector in Cyprus has huge prospects for growth and excellence. When I say tertiary education, I am mainly referring to universities as I believe these are the organisations that have the capacity for sustainable growth and international presence. A recent
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By Kyriacos Kiliaris The Cyprus energy sector is to see major changes over the next three years when the electricity market is expected to finally open and with new producers waiting on the sidelines, adding to the present solar parks and wind farms. With the first step towards a free electricity production and distribution market
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Fitch ratings says a decline in Cypriot banks’ non-performing exposures “significantly reduces” contingent liabilities to the sovereign, but the banking sector “remains weak” and further reduction of bad loans would partly depend on the effective use of legal tools. Data released by the Central Bank of Cyprus in January showed that NPEs fell to €11
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* Turkish Cypriot pro-solution parties see carpet swept from beneath their feet by Anastasiades By Kyriacos Kiliaris As the date of the meeting between Turkish Cypriot leader Mustafa Akinci and President Nicos Anastasiades draws nearer, opinions on how to deal with current issues remain diverse as ever. While Anastasiades has recently presented a vague proposal
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. “The crisis, the economic and social fragmentation, continues to persist due in large part to political disagreements but primarily because the EU seems unable to reform into an efficient body and alliance of mutual benefit, with mechanisms in place that counteract stagnation and enhance stability. By Harris A. Samaras After a rather unjustified
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* Developers worried over side-effects, economists want a diversification of investments By Kyriacos Kiliaris In the wake of pressure from European Union partners, Nicosia is considering revising its controversial Citizenship for Investment scheme, while the House has voted an amendment to the relevant law so that the criteria for the naturalisation of foreign entrepreneurs are
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. With the tumultuous five-year term of Chrystalla Georgadji coming to an end very soon, the President will be tasked with appointing a new Governor of the Central Bank, who will have to remain independent, but will be commonly expected to take a more active role in safeguarding the integrity of the economy. Although Eurozone
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By Lukman Otunuga, Research Analyst at FXTM The negative mood sweeping across financial markets late in the trading week continues to highlight how investor sentiment remains extremely sensitive to any changes in the narrative with US-China trade developments. Global equities got up on the wrong side of the bed today after Donald Trump said he
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The Council of Europe’s anti-corruption watchdog expects to see some progress in the implementation of standards, many of which have not yet been applied, especially in the judiciary. Invited to Cyprus to probe allegations of foul play, conflict of interest and lack of transparency among judges, where recent reports have suggested that high court officials
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The key question every expat pensioner must ask The key question every expat pensioner must ask By Michael Doherty These are anxious times for Britons living abroad. The Brexit deadline draws ever nearer and the danger of the UK leaving the EU without a deal becomes ever more likely. Pensioners, and those soon to become
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