. Hadjiantonas 2009 “Roze” launched Theodoros Hadjiantonas wears two hats. You may well see a Cyprus Airways Airbus A319 or A320 overhead of which he in command as it flies off to mainland Europe or the Middle East. But he is also a man with his feet planted firmly on the ground – or to
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. BY DR. JIM LEONTIADES CIIM, The Cyprus Business School The Eurozone was greeted with many doubts at its inception. These were based mainly on economic arguments, for and against its benefits. The current financial crisis in Greece highlights two aspects which have been relatively neglected, politics and culture. Both of the above will now
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. Freedom of speech is taken for granted in Cyprus, with parts of the media often tolerating abusive remarks by politicians and government officials, while some editors and journalists commonly cross the thin line of libel, each time using the excuse of “public interest.” However, when it comes to real cases of public interest, some
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— PGA to manage golf facilities, develop academy — The MedGolf Group, a joint-venture partnership between Hassapis Land Developers, Demes Karapatakis’ DJK Corporation and Sakyrco has secured the green light to develop the Larnaca Golf Resort and Country Club at an initial cost of EUR 60 mln. The Cypriot consortium has secured and acquired an
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Deutsche Bank Chief Executive Josef Ackermann is helping to coordinate efforts by Germany's private sector to support a rescue package for Greece, a source familiar with the matter said on Friday. The consortium has already pledged to contribute 1-2 billion euros ($1.33-2.66 billion) toward the effort, although no formal agreement has been struck, the source said,
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Total sales of petroleum products in March 2010 recorded an increase of 3.4% compared with the previous month, according to the Statistical Service. There was a large increase in sales of asphalt, gasoil low sulphur and aviation kerosene. A decrease was recorded in sales of kerosene, gasoil and heavy fuel oil. Total stocks of petroleum
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Industrial production in Cyprus recorded its smallest decline for 14 months according to our analysis. The Statistical Service reported that the index of industrial production fell by 2.7% in February compared with the same period of 2009. This was better than the 3.0% decline in January down from and was the smallest decline since December
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U.S. economic growth probably slowed in the first quarter, data is expected to show on Friday, but resurgent consumer spending should offer evidence of a sustainable recovery. The economy expanded at a 3.4 percent annual rate in the first three months of the year, economists polled by Reuters believe. That would mark a slowdown from
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Apple Inc Chief Executive Steve Jobs on Thursday sharply criticized Adobe Systems popular Flash multimedia software, calling it unreliable and ill-suited for mobile devices, escalating a pitched battle between the two companies. Analysts said Jobs' pointed, nearly 1,700-word manifesto — which Apple posted on its website — helped push Adobe's shares down more than 1
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Euro zone inflation edged up as expected in April but remained well below the European Central Bank's target, underlining market expectations of unchanged ECB interest rates until 2011. Consumer prices in the 16-country currency area rose 1.5 percent year-on-year, up from 1.4 percent in March, European Union statistics office Eurostat estimated on Friday. No monthly
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