Eurofast Athens, the Greek office of the boutique professional services group with a strong presence in south east Europe and the eastern Mediterranean, is moving offices this week and is relocated as of Monday, February 9, at: 12, Theophanous Street, 11523, Ampelokipoi, Athens, Greece. The firm’s telephone numbers and email addresses remain the same: Tel.:
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Etihad Airways carried a record number of passengers and cargo in 2014, marking its strongest operational performance to date, as almost 14.8 mln passengers flew with the Abu Dhabi-based carrier last year, a rise of 23% over 2013. In total, Etihad carried more than 74% of the 19.9 mln passengers who travelled through Abu Dhabi
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By Jameel Ahmad, Chief Market Analyst at FXTM The reaffirmed optimism that the Federal Reserve will be raising interest rates at some point this year following another strong US Non-Farm Payroll led to the USD rallying throughout the remainder of trading on Friday. The strengthening USD demand also spelled bad news for Gold bulls with
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The Target claims on the Eurosystem held by the German Bundesbank jumped by 54 bln euros in January, reaching 515 bln euros. This is one of the largest increase since the onset of the financial and euro crises; only in September 2011 and March 2012 were the upsurges higher, with 59 bln and 69 bln
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The Deputy Chairman of the Cyprus Grains Commission, established in 1960 as a state-controlled monopoly to ensure low prices for grain imports and maintain the country’s strategic reserves, resigned this week, but urged the government to restructure it and make it more competitive to benefit farmers and consumers. In his resignation letter submitted on Wednesday
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Major investors, business leaders and developers will be in Limassol on Monday and Tuesday for the Cyprus Investors Summit 2015 aimed at attracting funds for at least 18 large scale projects and boosting the foreign direct investments (FDIs) beyond the €3.2bln raised in the past two years. The event, where more than 60 institutional investors
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. When Alexis Tsipras set his foot in Cyprus on Monday he was greeted with open arms by the usual crowd of rent-a-mob progressive supporters and other parochial diehards, all screaming their adulation for this ‘saviour’ of Greek pride and dignity. Tsipras is Greece’s version of our own Demetris Christofias, but with far more charisma,
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. By Dr. Jim Leontiades Cyprus International Institute of Management For the first time, a member of the Euro countries receiving financial aid from the Euro group has openly challenged the conditions it had agreed to. Alexis Tsipras, the new prime minister of Greece, has refused even talk to the Troika technocrats implementing the Greek
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The Cyprus economy is showing signs of stabilisation, with mild growth rates of 0.4% this year and 1.6% in the next, but the improvement in economic sentiment indicators has come to a halt, according to the European Commission’s Economic Forecast for Winter 2015. While lower oil prices are expected to support growth, external demand will
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Growth this year is forecast to rise to 1.7% for the European Union as a whole and to 1.3% for the euro area. In 2016, economic activity should grow by 2.1% and 1.9%, respectively, according to the European Commission’s Winter Economic Forecast for 2015, saying this is due to strengthened domestic and foreign demand, very
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