The European Investment Bank has signed new partnership contracts with ATEbank and Marfin Egnatia Bank worth a total of EUR 180 mln in support of small and medium-sized investments in Greece. This new EIB partnership creates an alliance with two top Greek banks with extensive branch networks and wide SME portfolios. EUR 100 mln goes
More
. Last Tuesday was a pleasurable occasion for me, because Pambos Charalambous, the Four Seasons manager, assembled the Chefs and Maître d’s of his three signature restaurants to receive the hotel’s first Cyprus Gourmet Awards. The Seasons Oriental, the Mavrommatis “super Greek” and the Vivaldi Italian restaurant have each been awarded our “One Chef” Seal
More
. JULIAN HARRIS In hindsight, this was a predictable consequence of the swine flu outbreak: devious websites have begun offering fake cures. It is merely the latest adaptation of a swinish global counterfeit drugs industry which, like a flu virus, cleverly yet sinisterly mutates to exploit the poorest patients. “It has been seen time and
More
Cyprus needs more FDIs GEORGE MOUSKIDES Regardless of political ideology and allegiances, we all agree that attracting foreign investments to the country, especially at a time of international economic crisis, is very important for our economic welfare. Therefore, we consider the actions of the government towards attracting investments from Qatar as being correct. Because of
More
. The Economist Intelligence Unit liveability survey puts four European cities in the top ten among 140 surveyed. Vienna is second only to Vancouver at the top of the league and most European cities occupy the top tier of liveability. The unfolding political, social and economic crisis in Zimbabwe means Harare comes bottom with the
More
“2+ Lane” will cause chaos Communications and Works Minister Nicos Nicolaides must either be illiterate (which we are sure he is not) or just plain stupid. There can be no other explanation for his ridiculous and money-squandering plan (42 mln from the Structural Fund) to introduce the “2+ lane” scheme on Nicosia’s main artery. The
More
A case is coming up in the UK High Court against a Cypriot developer and Cypriot lawyers following the Cyprus government’s inability to resolve the existing backlog of thousands properties that have not had title deeds issued. As a result, questions were raised last week in the House of Lords seeking a first round of
More
Cyprus must turn to green energy to ease pollution issues, House President Marios Garoyian said addressing a seminar organised by the Cyprus Wind Energy Association and the Cyprus Organisation for Standardisation. The seminar on green energy coincided with Global Wind Day celebrated on June 15 and aims to inform all institutions on the three forms
More
The Cyprus Shipping Chamber hailed last week’s decision by the European Commission to extend the right to ship-management companies which provide “crew management” services to be allowed to be taxed under a tonnage tax scheme, as it is already applied in the cases of shipowning and ship-management companies. The CSC said this development is considered
More
Cypriots have ‘mania’ for premium cars VW Group distributors Unicars have introduced their own financing scheme, Volkswagen Bank, to help a growing number of Cypriots buy a new car or upgrade to the next level of premium models. “Premium car sales are doing very well, accounting for a 24-25% share of all new cars sold,
More