THE CHALLENGE OF THE EURO. Cyprus has officially submitted its application to join the Eurozone on January 1^st, 2008. Undoubtedly, much work has been done in the last few years to meet the necessary criteria for adopting the single European currency. And indeed, the high fiscal deficits have been contained and significant progress was also made in  … more

AN INCONVENIENT TRUTH. An inconvenient truth is mostly associated with the exposure of a closely guarded secret, a scandal with a capacity to foil an ambitious politician’s plans. Exposing these truths is more often than not the adopted role of the media. You don’t usually expect politicians championing the uncovering of inconvenient truths. That is why … more

WHAT TO DO WITH IRAN? It seems that Iran will miss the new deadline for suspending its nuclear program. The chief of the International Atomic Agency (IAEA), Mr. Elbaradei, is pessimistic about the prospect of an agreement before the next meeting of the UN Security Council. The US and other European powers are contemplating a response to Teheran’s … more

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