The European Commission has produced a multimedia yearbook presenting 10 of the European Union’s achievements of 2007. It combines a pocket book format with video clips on the internet. Vice-President Margot Wallström, responsible for Institutional Relations and Communication Strategy, said: “The EU is sometimes seen as bureaucratic and detached from citizens lives. By giving real
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In 2008, for the first time ever, the largest share of the EU budget – 45% of all EU spending – will go on measures to boost economic growth and greater cohesion in the EU-27. The move to spend more on competitiveness reflects Europe’s commitment to prosper in a constantly evolving global economy, while ensuring
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The European Commission’s latest state aid Scoreboard shows that Member States have been moving over the past six years towards the European Council objective of less and better targeted aid. In particular, the EU-10 Member States have progressively reoriented their state aid towards horizontal objectives of common interest such as regional development, R&D, SMEs and
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Cypriot President Tassos Papadopoulos signed the Treaty of Lisbon, on behalf of the Republic of Cyprus. Foreign Minister Erato Kozakou Marcoullis also signed the Treaty. The signing ceremony of the Treaty of Lisbon takes place at the Jeronimos Monastery in Lisbon. It began with addresses from the President of the European Commission, Jose Manuel Barroso,
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Western Digital Corp. recently announced its new environmentally friendly, energy-conscious GreenPower family of enterprise hard drive products. The new WD RE2 GreenPower family offers capacities of 500 gigabytes (GB), 750 GB and one terabyte (TB), and provides data-hungry organizations with a money-saving solution to combat the challenges faced in the enterprise IT sector, such as,
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In its annual report on Latvia, Moody’s Investors Service said its A2 government bond rating and stable outlook recognize Latvia‘s successful transition over the past decade. The bond rating and Moody’s assessment of a very low risk of a payments moratorium in the event of a government bond default serve as the basis for Latvia‘s
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The credit outlook for rated Croatian banks is stable to positive, reflecting the banks’ stable fundamentals as well as the positive outlook on Croatia‘s foreign currency debt and deposit ceilings. Foreign investment in the banking sector and recent years’ positive macroeconomic conditions have underpinned buoyant credit demand, facilitating the evolution of the banking sector, Moody’s
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The City of Maastricht, Netherlands has selected Nokia Intellisync Mobile Suite as their standard platform for mobile applications. The solution enables the administrative officers of the City of Maastricht to integrate 900 Nokia Eseries devices into the Cisco corporate IP telephony system and synchronize contact and calendar details. Furthermore, the city will offer wireless email
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The state funeral for George Paraskevaides, co-founder of the J&P construction colossus and great philanthropist, who died in London last Wednesday, aged 91, was held in Nicosia, Tuesday. President Tassos Papadopoulos and Archbishop Chrysostomos II gave eulogies, while Efthyvoulos Paraskevaides spoke on behalf of the family. The rags-to-riches real-life legend of the founders of one
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Cyprus Airways announced that 12 flights to and from Greece for Wednesday are cancelled due to a general public strike that ends on midnight Wednesday. The strike affects flights from Larnaca to Athens, Thessaloniki and Heraklion, as well as two code-share flights with Olympic. The strike also affects flights to and from Eleftherios Venizelos operated
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