A waste biomass developer, a photovoltaics re-tooler and a company that reuses fumes from airplanes are the three national finalists from Cyprus and Greece to take part in CleanLaunchpad’s European final, organised by Climate-KIC, the EU’s main climate innovation initiative. The national finalists of Europe’s largest cleantech idea competition were: Green Wings, a system that
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Denis Mukwege is the laureate of the Sakharov Prize for Freedom of Thought 2014, following today's decision by EP President Martin Schulz and the political group leaders. Mukwege will be invited to Strasbourg on 26 November to receive the award during the plenary session. The €50,000 award was established by European Parliament in 1988 in
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Officials at the International Monetary Fund, the third arm of the Troika of international lenders, must have mixed up their mythology when the former IMF Head of Mission to Cyprus likened the island’s economy to a crash-and-burn situation during a review of the island’s state of the economy. The IMF executive board met on Monday
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* WL Ross “coming to market amid historically low interest rates” WL Ross & Co., run by 76-year-old turnaround financier and incoming Bank of Cyprus boss Wilbur Ross, is seeking $1 bln to $2 bln for its next private-equity fund, according to news reports. The business news service Bloomberg said the target for Ross’ sixth
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The Caramondani Group inaugurated their new, state-of-the-art headquarters in the Industrial Zone of Pera Chorio Nisou and hosted an event to mark the company’s 55 years of activity in major projects, including hotels, hospitals, power stations, desalination units, public buildings and sewage treatment plants. The building was inaugurated by Energy, Commerce, Industry and Tourism Minister
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. Marcuard's Market update by GaveKal Dragonomics “Lord, grant me chastity and continence, but not yet.” That prayer from a young Saint Augustine sprung to mind when listening to St. Louis’ Fed president, James Bullard, suggest last week that the Federal Reserve may extend its quantitative easing beyond the planned end date of October 29.
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. By Oren Laurent President, Banc De Binary Egypt signed contracts this weekend with six international firms to reconstruct and expand the Suez Canal. This is certainly welcome news for the country; it is the latest indicator that North Africa’s largest economy is rebounding and gaining strength after years of political turmoil. Following the ousting
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The Hellenic Bank Group has joined social media by creating the Hellenic Bank Official page on Facebook at https://www.facebook.com/HellenicBankOfficial and @hellenicbank on Twitter https://twitter.com/HellenicBank , as well as the hashtag #HellenicBank.
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The opening act of the third season of Milano Da Bere, the series of after-work parties, is already full booked, according to organisers HazeTeam. The event, taking place at The Patio in Old Nicosia from 6.30pm on Thursday, will be strictly reserved to those who managed to make a booking, due to the limited space
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The Bank of Cyprus reduced in September its dependence on the Emergency Liquidity Assistance (ELA) by one billion euro, dropping to 7,68 billion from 8,68 billion in August. According to data published on Tuesday by the Central Bank of Cyprus, this reduction is due to the fact that the Bank paid off an amount of
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