CYPRUS CONCERNED OVER EUROPEAN COURT RULINGS

September 16, 2008December 2, 2008 Admin

As talks continue to find a solution to the Cyprus problem, a sense of pessimism exists in the Republic of Cyprus with fears that several cases about disputed land and property set to be ruled upon by the European Court of Human Rights (ECHR) and the European Court of Justice (ECJ) next year will not go its way. In a closed meeting last week, the Cyprus House Legal Affairs Committee was briefed by attorney-general Petros Clerides on the progress of cases at the ECHR and ECJ, with delegates leaving the meeting uncertain about what lies ahead for 2009. “Of course, … Continue reading CYPRUS CONCERNED OVER EUROPEAN COURT RULINGS

Market Data1 Comment

Will follow a recession in Europe?

August 9, 2008August 9, 2008 Admin

These can be the arguments to sustain a potential answer: 1. 6 bn euros is the total loss of the Big 5 Spanish real estate developers. 2. 0.6% is the decrease of the Danish economy in Q1 2008, following also a decrease of 0.6% in Q4 2008, which can mean that Danmark was the first country in the EU affected by recession. 3. 1.9% is the decrease of the industrial production in May in the Euro area, the biggest decrease from the European Monetary crisis in 1992. 4. 15,000 is the growth of the requests for unemployment help from the … Continue reading Will follow a recession in Europe?