. The strikes in Greece against budget cuts are a warning to all the other governments which have dug themselves into deep debt. But the good news is that budget reform can be done: Canada did it the mid-'90s. Eamonn Butler explains the reform of governance, not savage cuts, is the workable model pioneered in
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. BY DR ALAN WARING I was once threatened with arrest by a local manager of a UK client who had failed to read communications from his national director that I would be visiting. They had had a lot of adverse media attention and this chap just assumed wrongly that I was an investigative journalist
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. Members of parliament and potential candidates have embarked on a which hunt, assisted by part of the media, to trace and root out the dreaded tax evaders who are depriving the state of millions in lost tax revenue. So, what are these blood-sucking criminals (whether real or imaginative) supposed to be doing? Are they
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… but the situation is patchy The world’s housing markets are recovering, according to the Global Property Guide’s latest survey of residential property time-series. During the last quarter of 2009, house prices rose in 22 countries, of the 34 countries for which quarterly house-price statistics are available, and fell in only 11 countries. However, if
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The European Rim Policy and Investment Council (ERPIC) hosted a seminar on February 12 on ‘the Rule of Law’ where the speakers focused on the Judicial Protection of Fundamental Rights in the light of the Lisbon Treaty, and also elaborated on the concept of the Rule of Law in relation to the Cyprus Issue following
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. The most convenient way to enjoy food and wine without suffering from indigestion, gout, obesity or hangovers, is to read about them. But not always is one successful. Often, when reading a biography, a novel or a travel book, I look up from the page and mutter crossly: “Very interesting…but what did they eat
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National carrier Cyprus Airways swung to a net loss of EUR 3.28 mln in 2009, with operations crimped by a fall in passenger and cargo traffic, it said. The airline, majority controlled by the state, posted a EUR 1.74 mln net profit in 2008. Revenue fell 20% last year on the back of a decline
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Cygas calls for pipeline tenders Cyprus will have its own natural gas network according to Giorgos Shammas, Chairman of the Cyprus Energy Regulatory Authority who was briefing the House Finance Committee on the regulator’s budget for 2010. Meanwhile, the Natural Gas Public Company (DEFA) announced a call for tenders for the provision of consultancy services
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The British Ministry of Defence (MoD) has delayed the awarding of a GBP 200mln contract to support British servicemen in Cyprus as officials take extra time to evaluate the bids. "Project Wavell", which includes a number of support services such as looking after grounded aircraft, was due to select a preferred bidder on February 19.
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Business confidence in February improved by 2.2 points to 68.3 on a monthly basis according to the Business and Consumer Survey conducted by the Economic Research Centre of the University of Cyprus in cooperation with the European Committee. The increase in the Business Climate Index was due to the improvement in the construction sector (from
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