Saturday March 28, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Nicosia to boost business image with EU presidency

By George Georgakopoulos

NICOSIA -- Cyprus is gearing up to take over the rotating European Union presidency on July 1 for the first time in the islands history since it acceded to the bloc in 2004. However, Ankaras intransigence on the Cyprus issue means that there is little scope for progress in the reunification talks during this term, therefore the Republic of Cyprus intends to use its six-month stint in the European Union chair for economic purposes, too, government officials are telling Kathimerini.

Besides the obvious political benefits, as Cyprus will be the focus of attention across the EU and beyond for that period, with more pressure being applied on Turkey to recognize de facto the Republic of Cyprus, the Cypriots intend to focus on promoting their country across the bloc in a bid to also reap financial benefits.

Conscious of the relatively limited exposure that the rotating presidency of the Union entails for each country after the hosting of all EU summits in Brussels instead of the presiding country for security reasons, Nicosia is planning to make the most of the opportunity through various promotional and advertising means.

The Cypriot presidency will help in the promotion of the country as a trade center, and we intend to project its image as a business center as well, Costas Shekkeris, head of the Commerce Ministrys Industrial Products Export Department, told Kathimerini. He added that special films will be shown to European Parliament deputies as well as EU member-state government delegates who will be traveling to Nicosia and Limassol for medium- and low-level council meetings and various other functions.

Given that the current image of Cyprus tends to be purely as a tourism destination, Cypriots are aiming to convince their fellow Europeans that there is much more to the island than just sea and sun.

In Brussels they tend to be surprised by the progress that Cypriot companies have made, said Costas Christofides, assistant director general of the Cyprus Employers and Industrialists Federation (OEB). After all, Cyprus is a particularly attractive business center thanks to its low taxation -- just 10 percent for foreign corporations -- and has the smallest number of strike days despite our strong union movement, he explained, noting that this will be communicated to the islands EU peers.

Delegates will be treated to genuine Cypriot hospitality and come into contact with the islands products, as the stated aim of the government is to help foreigners appreciate the local produce to the maximum level: We intend to transform our usual products into amazing experiences, Cyprus President Dimitris Christofias said last week while inaugurating the 37th Cyprus International Fair, which ends on Sunday, less than five weeks before Nicosia takes the EU presidency, an opportunity too historic to be missed.

ekathimerini.com , Thursday May 24, 2012 (22:24)  
Bank accounts continue to bleed
Hania and Athens are the top picks for Easter visitors
Landlords to pay tax on unpaid rent
Air arrivals grow 20 pct in Jan-Feb 2015
Defense minister Kammenos sues commentator for 1 mln euros
Defense Minister Panos Kammenos has sued commentator Andreas Petroulakis for 1 million euros in damages over a critical article posted on the Protagon website on March 17. In a statement pos...
Reform talks move to Brussels
The Brussels Group, technical teams from Greece and its lenders, is on Saturday due to begin discussing the details of Athens reform proposals, which were completed Friday and will determine...
Inside News
BASKETBALL
Greens live dangerously in Istanbul
Panathinaikos played with fire in Istanbul, but still managed to beat Galatasaray 86-84 on Friday and climb to the third sport of its group two games before the end of the Euroleague top-16....
SOCCER
Greek federation backs injured Holebas
The Greek soccer federation on Friday insisted that international defender Jose Holebas had been dropped from team training in Austria because of injury and not for any other reason. Media r...
Inside Sports
COMMENTARY
Time to get moving
More than two months have passed since the elections and the government has to stop running around in circles and adopt a program of specific reforms, with detailed calculations as to their ...
EDITORIAL
The same old story
One of those infamously bad practices that the political system has been accused of for years is being propagated by the new government today, as it is appointing party cadres and politician...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Greens live dangerously in Istanbul
2. Bank accounts continue to bleed
3. Hania and Athens are the top picks for Easter visitors
4. Landlords to pay tax on unpaid rent
5. Air arrivals grow 20 pct in Jan-Feb 2015
6. Cash injection from state debtors
more news
Today
This Week
1. Greek future as trade hub in limbo amid Syriza split on railways
2. Greek gov't denies finance minister Varoufakis to resign [Update]
3. Bundesbank's Weidmann says euro zone debt in 'danger zone,' opposes more aid for Greece
4. New Democracy's political council convenes to decide line opposite gov't
5. Clocks go forward one hour on Sunday
6. Berlin says has no exact information about Greek reforms
Today
This Week
1. Next Monday is D-Day for state funds
2. EU asks Greece for more reforms to speed talks on bailout
3. PM faces Merkel amid race to detail reforms
4. Some more equal than others
5. Greece to present reforms by Monday, says gov't spokesman [Update]
6. Looking at the Chinese model
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.