Tag "Cyprus"
Is Luxembourg’s tax haven status in jeopardy?
Former Luxembourg prime minister Jean-Claude Juncker’s election as president of the EU Commission could threaten Luxembourg’s long-held status as a European tax haven. Last Tuesday, the European Commission announced in its
Russian investments at risk from Ukraine sanctions
Ukraine has passed a new law “On sanctions,” which poses a wide range of risks for Russian investors and companies. While investors from Europe and the US are highly unlikely to
Israeli gas upsets Mediterranean energy dynamics
Israeli natural gas exports have the potential to reshape energy dynamics across the Mediterranean, helping Israel and its neighbors to diversify their energy access. Regional political risks, however, loom large
ECB and Germany must learn to love inflation for Eurozone to grow
Even though the Eurozone is teetering on the edge of deflation, the ECB will not lower its rates. The European Central Bank’s (ECB) message to markets in the last year
Turkey’s EU membership inches forward
After a three and a half year hiatus, negotiations with Turkey on its accession into the European Union will reopen. Negotiations with Turkey were supposed to occur in June of
Cyprus Bailout Process Moves Forward Despite Risks
Monitors from the International Monetary Fund (IMF), the European Commission and the European Central Bank, collectively called the troika, visited Cyprus from July 17 until July 31 to assess the
The Eurozone Isn’t Quite Bailed-out Yet
According to several recent statistics, the Eurozone’s future is looking brighter than it has in a long time. Not only has Eurozone unemployment fallen for the first time in two
Cyprus: Now the real work begins
“Last month Cyprus agreed to a € 10bn bailout from the IMF and ECM, which has relieved considerable short-term stress on the national banking system, as well as calming investor fears