ISSUE 14 MAY 2012 PRICE €6.95
5 291295 000577
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THE INTERNATIONAL INVESTMENT, FINANCE & PROFESSIONAL SERVICES MAGAZINE OF CYPRUS
DIPLOMATIC ANSWERS FIVE AMBASSADORS TO CYPRUS DISCUSS THE ISLAND’S ECONOMIC, TRADING AND POLITICAL FUTURE
+ DAVID WOOTTON, LORD MAYOR OF THE CITY OF LONDON A SPACE ODDITY
Nik Halik still chasing childhood dreams
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INTERVIEWS
K.C. CHAN THOMAS KAZAKOS BRANKO MILANOVIC
LIFESTYLE
Put your money where your mouth is!
PLUS:
MONEY / BUSINESS ECONOMY TAX & LEGAL LIFESTYLE
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issue 14 may 2012
08 EDITORIAL 10 UP FRONT 16 FIVE MINUTES WITH
FIVE AMBASSADORS TO CYPRUS DISCUSS THE ISLAND’S ECONOMIC, TRADING AND POLITICAL FUTURE
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+ OPINION COMMUNICATING IN A CRISIS by Stephen Carver IN EUROPE TO STAY by Elena Ambrosiadou
18 60
CYPRUS THE PREFERRED LOCATION FOR EU YACHT REGISTRATION By Chrysilios Pelekanos 74 DON’T LOSE THIS ONE by Peter Economides
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DIPLOMATIC ANSWERS
62 FEATURE 62 | A SPACE ODDITY Interview with celebrity financial coach, entrepreneur, adventurer and trained astronaut Nik Halik
68 | INEQUALITY IS NOT ALWAYS BAD World Bank economist Branko Milanovic on inequality, poverty and globalisation
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6 Gold THE INTERNATIONAL INVESTMENT, FINANCE & PROFESSIONAL SERVICES MAGAZINE OF CYPRUS
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+ BOOK REVIEW MONEY: The Naked Trader: How Anyone Can Make Money Trading Shares By Robbie Burns 82 BUSINESS: The Ultimate Small Business Marketing Book By Dee Blick 85
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78 London Calling The City is set to maintain its place as Europe’s foremost financial centre 80 Made in Hong Kong Interview with K.C. Chan, Founder and Chairman of KAB Strategy (Cyprus) Ltd.
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ECONOMY: Thinking, Fast and Slow By Daniel Kahneman
TAX & LEGAL: Common Corporate Tax Base and Determination of Taxable Income: An International Comparison By Christoph Spengel and York Zollkau 91
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86 Move over sun-and-sea economy! The suits are taking over! Business services surpass tourism as the main services export
LIFESTYLE: My Little Plates By Roddy Damalis
91 {business}
84 Fit For The Future Interview with David Wootton, Lord Mayor of London
91 European Parliament The Economic and Monetary Affairs Committee of the European Parliament votes in favour of a EU-wide Financial Transaction Tax 90 Signed At Last The Protocol to the Cyprus-Poland Income and Capital Tax Treaty
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94 Put Your Money Where Your Mouth Is! The Top 10 most expensive food items in the world
THE INTERNATIONAL INVESTMENT, FINANCE & PROFESSIONAL SERVICES OF CYPRUS
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88 Personal Attention and Ultimate Performance UPM Ltd offers boutique wealth management services
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