publications

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th-18102010The Republic of Cyprus is the third largest island in the Mediterranean, a member of the European Union (EU) since 2004 and the EMU since 2008; with a per capita GDP well above the EU average and the lowest corporate tax (10%) within the EU. The discovery of oil and natural...

The second version of a publication by PYTHEAS Investors Service with the collaboration of Ktimatoemporiki Crete of a market overview on the real estate industry of Crete, with title, “Buying real property in the Greek island of Crete”.Due to the recent global...

th-22052010Can this African nation that won the admiration of the world for its peaceful transition to democracy after generations of white supremacy rule conquer the bitter divisions of its past to turn itself into the biggest mover and shaker of the African continent? Or will it become...

The long overdue emergency loan for Greece is finally announced… Although there is no agreement yet about the overall amount of money to be disbursed, it is expected that the total figure will be more than €40bn at a 5% interest rate. Additionally, the European Central Bank...

Slashing the Greek budget deficit from 12.7% of gross domestic product to below the EU’s 3% limit by 2013 is clear. The problem is getting there. Since 1981, the Greek budget deficit has only been that low once, in 2006. True, over the previous decade the deficit did shrink...

th-01112009Emerging economies are now so closely integrated with developed ones that financial stress transmits rapidly and forcefully to all major emerging regions and multiplied through all parts of the financial sector: The global financial crisis, which pushed some emerging European...

th-30102009The credit outlook is negative reflecting the country’s deteriorating economic environment, fiscal risks associated with the immediate economic deterioration and associated contingent liabilities. There are further concerns that the country could experience a liquidity...

The Pound has been taking a battering in recent years, not helped by a policy of benign neglect by the Bank of England. Despite a 10% appreciation in the first half of 2009, at the end of June 2009(2) the £ERI was around 20% lower than in August 2007. At present, while...

th-01102009Cyprus technically fell into a recession in the second quarter of 2009, on a slowdown in construction activity and tourism with official estimates of a 0.5 percent contraction in GDP this year, after growth of 3.7 percent in 2008.Property developers and real estate agents...

th-31082009The recent global crisis has clearly proven that we do live in a global economy! A global economy that is interconnected to such extend, that movements in exchange rates, interest rates, stock prices and prices of goods are influenced in most of the globe; a global economy...



Did you know?

that Pytheas the ancient Greek explorer, mathematician, astronomer and navigator must have travelled to the American continent at the time of Alexander the Great?

that recycling 1 ton of paper saves 17 mature trees, 7,000 gallons of water, 3 cubic yards of landfill space, 2 barrels of oil, and 4000 kilowatt hours of electricity; this is enough energy to power the average North American home for 5 months?

that annually, the amount of garbage that is dumped in the world’s oceans is three times the weight of fish that is caught from the oceans?

that in a lifetime the average European or North American will discard more than 600 times his or her adult weight in garbage and about a ton of trash per person per year?

that Pytheas has presence in 41 countries?

that the revenue that is generated from gambling is more than the revenue derived from movies, cruse ships, recorded music, theme parks and spectator sports combined?

that Pytheas through its Soil Water + Life Solutions is probably the only entity world wide that can provide a-no-chimney-no-landfill-solution for the treatment of municipal solid and liquid waste?

that 1 recycled tin would save enough energy to power a television for 3 hours; 1 recycled glass bottle would save enough energy to power a computer for 25 minutes; 1 recycled plastic bottle would save enough energy to power a 60-watt light bulb for 3 hours?

that Confucius about 2,500 years ago argued that the government should not compete for profit with the people, as it would only result to the exploitation of the population?

that of all the restaurants that are opened, 90% of them fail in the first year and of the remaining ones that survive, 90% of those fail in the second year?

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