the international investment, business & finance magazine of cyprus

ISSUE 06 SEptEmbEr 2011 prICE €6.95

powErEd by:

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iN CYPrUs

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IntErvIEwS philip Hourquebiebarclays wealth

plUS: monEy / bUSInESS EConomy tAX & lEGAl lIFEStylE / opInIon

EnErGynatural GasA blessing or a curse?

InvEStmEntwhere is Facebook’sSecret Sauce?

+ EXClUSIvE IntErvIEw AlEXAndEr downEr on ‘tHE prICE oF FAIlUrE’

12 the international investment, business & finance magazine of cyprus

COVER STORYThE TOp 50 Law FiRmS in CYpRuS

70 {money}

76 {business}

84 {economy}

88 {tax&legal}

92 {lifestyle}

14 16 18 22

issue 06 september 2011

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52

FEaTuRES

inTERESTinG TimESby matthew Kidd 24

ThE DEbaTE: “Can CYpRuS aVOiD an Eu baiL-OuT OF ThE ECOnOmY?” by alexander apostolides (yes) and fiona mullen (no) 26

maLiCE in wOnDERLanDby eleni vickers 60 COnnECTinG wORLDSby george mavrocostas 66

ThE LaST wORDby peter economides 98

+ OpiniOn

28 | ThE pRiCE OF FaiLuREInterview with Alexander Downer

52 | naTuRaL GaS: a bLESSinG OR a CuRSE?Cyprus needs to invest wisely

56 | 2020 EnERGY TaRGETS COuLD bE miSSEDThe European Commission is concerned

62 |whERE iS FaCEbOOk’S SECRET SauCE?The simple recipe for sustained corporate success

28

EDiTORiaLEYE wiTnESSnEwS bRiEFinGCOmmODiTiES/FOREX waTCh

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the international investment, business & finance magazine of cyprus 69

{september 2011}

76 {business}76 Eastern PromisePhilip Hourquebie says that Cyprus needs to reposition itself towards the new global economic powers80 DMS Myths and Magic What Document Management Software can do for your business82 Cyprus hotels sweep Condé Nast Traveller AwardsWho won what in Athens

70 {money}70 A Wealth of Experience, a Wealth of ExpertiseBarclays Wealth in Cyprus

84 {economy}84 Real Estate and Housing LoansWhy the mismatch?87 Cities: Does attractiveness match investment?Investors’ perception of cities and the reality of where they invest

88 {tax&legal}88 Taxation and BusinessJust how favourable is Cyprus’ favourable tax regime?

iSSuE

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92 {lifestyle}92 From Boardroom to Screening Room10 of the best movies set in the world of business and finance

money: Warren buffett invests like a girl: and Why you should, too by louann lofton 73

business: the real mad men: the remarkable true story of madison avenue’s golden age by andrew cracknell 78

economy: Why the West rules - for now: the patterns of history and what they reveal about the future by ian morris 86

lifestyle: the sense of an ending by Julian barnes 97

+ BOOk REviEWS

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82 Cyprus hotels sweep Condé Nast Traveller AwardsWho won what in Athens

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