. By Vassilis Kappis Having evaluated the implicit historical logic behind the arguments about Israel-Turkish relations and the role of Greece and Cyprus and having tried last week to shed light on their inherent weaknesses, this week, we assess the accuracy of the main actors’ perceptions of current and future regional dynamics. The Eastern Mediterranean
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. By Vassilis Kappis In the coming years, the Israeli-Turkish antagonism in the Eastern Mediterranean will be one of the defining developments in the region and policy-makers in both Cyprus and Greece should not overlook its potential ramifications. As Cyprus assesses its options regarding its oil and gas industry, it is becoming apparent that a
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* 18.5 mln arrivals expected in 2014 * Marketing Greece, the initiative that is aggressively promoting tourism that saw near-record arrivals last year, launched its new interactive platform, www.discovergreece.com , during the ITB travel fair in Berlin last week. Andreas Andreadis, President of the Association of Greek Tourism Enterprises (SETE), told delegates that the new
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Shareholders to receive a dividend in 2013 Deutsche Lufthansa AG has achieved the targeted improvement in earnings well. Adjusted for non-recurring effects, the operating profit rose year on year by 62 per cent to EUR 1.042bn (previous year: EUR 643m). The reported operating profit came to EUR 697m, having totalled EUR 839m the previous year.
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Cyprus economy contracted by 5.4% in real terms in 2013, the Statistical Service said on Tuesday in a first estimate. “The growth rate in real terms is estimated at -5,4% in 2013, compared to -2,4% in 2012” it said. Cyprus GDP for the year 2013 is provisionally estimated at €16.503,7 mn at current prices compared
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Property and rental prices record significant decrease in Q4 2013 Property and rental prices across all districts of Cyprus recorded a significant decrease in the fourth quarter of 2013, RICS Cyprus said on Tuesday. Based on the results of RICS’ Property Price Index, which tracks property and rental prices across all districts and main property
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President of the European Parliament Martin Schulz has stressed that the solution of the Cyprus problem must be based on the principles on which the EU is founded and on the relevant decisions of the UN Security Council. Schulz’s statement came in a written answer to Cypriot MEP (EPP) Eleni Theocharous, who informed him about
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A new internet portal was unveiled Tuesday, providing information for EU and national funding programmes. The portal of the Directorate General for European Programmes, accessible under www.fundingprogrammesportal.gov.cy, aims to inform all interested parties on available funding opportunities, while aiming to increase absorption of EU funds. Cyprus has secured for the 2014-2020 period European funds worth
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Foreign Minister Ioannis Kasoulides said that Cyprus supports the sovereignty of Ukrain, but there needs to be a political solution to the crisis and a realistic approach that would take the interest of all EU members into consideration. European ministers agreed to impose sanctions against 21 officials from Russia and Ukraine, including travel bans and
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According to new research, European children are exposed to less food marketing on TV today than ten years ago. Independent data from Accenture Media Management shows that the world’s biggest food brands have significantly changed the way they advertise products to children on TV since 2005 in the EU. According to the data, many brands
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