Labour Minister Andreas Vassiliou started negotiations with all social partners Thursday to find ways to secure the viability of the near-bankrupt Social Insurance Fund, that needs to undergo drastic reforms in order to ensure that the present-day workers will have a pension when they retire. One of the proposals put forward is to raise contributions
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By Patrick Skinner  As he walked into the main conference suite (a.k.a. the ballroom) of the Four Seasons, Lemesos, to address an audience of more than 100 people, clad in an impeccably tailored grey striped suit, white shirt and silk tie, he looked every inch a top international business executive, or a statesman perhaps.
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By Patrick Skinner  The menu here has changed little over the years and it is an expansive one, with a range of starters, soups, fish and meat dishes which depend on ingredients imported directly from France by the management, who have built up a network of high quality suppliers. The décor of the spacious
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The Annual General Meeting held of Interfund Investments Public Company on April 18, 2007 decided to pay a final dividend of 32.5% of the nominal value of the share, that is, 3.25 cents per share for 2006. The dividend will be paid to the shareholders registered as at April 30, 2007. The dividend will be
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Motorola, Inc. has continued to deliver on its initiative to open branded stores in key markets around the world. The opening of the latest Motorola “Global Flagship Store” in one of the busiest market areas of New Delhi‘s National Capital Region (NCR) adds to the existing Motorola Flagship stores already open in Shanghai and Moscow.
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PandaLabs has detected Rinbot.Q, a worm that spreads by exploiting the vulnerability in the Windows DNS Server. This recently discovered vulnerability has yet to be patched by Microsoft. “Users should be on the alert until the flaw is patched, as new malicious code exploiting this vulnerability could appear. The situation is worse still, as an
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Orb MyCasting is available for use on the Nokia N800 Internet Tablet which allows consumers to access digital media stored on their home computer directly from their mobile multimedia computer. Orb Networks’ solution simply streams a person’s own content from their home PC using the Web browser and media player of the Nokia N800 Internet
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Russian Minister of Agriculture Αlexey Gordeev arrives in Cyprus on Friday for an official visit, at the invitation of Cypriot Minister of Agriculture, Natural Resources and Environment Photis Photiou. During his stay on the island, Gordeev will hold official talks with Photiou on Saturday, in Limassol, during which the two Ministers will review the cooperation
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Mayor of the Turkish occupied town of Famagusta, Alexis Galanos, has expressed satisfaction with the “mass and touching†response of his fellow citizens to the campaign to collect signatures demanding the return to the fenced off town to its legal inhabitants. Speaking at a press conference, four days before the end of the campaign, he
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The Cypriot House of Representatives adopted unanimously on Thursday a resolution calling on the government to make all necessary representations towards Britain to pay the sums it owes to the Republic of Cyprus, hoping that the island will in the future be rid of any military presence or bases on its territory. The resolution was
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