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Event Date |
Wed Dec 5 GMT (about 6 years ago)
In your timezone (EST): Wed Dec 5 3:00am - Wed Dec 5 12:00pm |
Location |
London Stock Exchange
10 Paternoster Row, London EC4M 7LS, UK |
Region | EMEA |
Following the exit from the EU-IMF bailout programme in 2016, Cyprus has made significant progress towards improving its business environment, restoring the competitiveness of its economy and attracting foreign investment. Cyprus’ GDP is growing twice as fast as EU’s (3,7% against 1,9%, The Economist’s forecast for 2018). The country has put forward a strategy to become an investment hub in the eastern Mediterranean, an objective favoured by its strategic location, low taxation and the energy discoveries in the Levantine basin.
Nevertheless, the Cypriot banking system is still facing a high ratio of non-performing loans, while the energy exploration process in the region has recently triggered geopolitical tension, in relation to Turkey’s claims. A major challenge forward is also Brexit and its implications with regards to the UK-EU relations. Cyprus is a member of both the European Union and the Commonwealth of Nations, while significant Cypriot entrepreneurs are based in London and the island maintains a key role for the British and the EU policy in the broader Middle East region.
2018 Speakers:
John Peet
Political and Brexit editor, The Economist
Harris Georgiades
Minister of finance, Cyprus
Christodoulos Angastiniotis
President, Cyprus Chamber of Commerce and Industry
Anthony De Lannoy
Executive director, International Monetary Fund (IMF)
Turgay Deniz
President, Turkish Cypriot Chamber of Commerce
Colin Ellis
Managing director, chief credit officer EMEA, Moody’s Investors Service
James Ker-Lindsay
Senior visiting fellow, London School of Economics and Political Science, professor of politics and policy, St Mary’s University
Gaetano Massara
CEO, GE Southeast Europe
Charles Meaby
General manager, DP World Limassol
Yiannis Misirlis
Founding director, Imperio Group
Averof Neofytou
Chairman, House Standing Committee on Financial and Budgetary Affairs
Mark O’Neil
CEO, Columbia Marlow Holding
George Prevelakis
Professor of geopolitics, Paris
Peter Sanfey
Regional economist for southeast Europe and Greece, EBRD
2018 Sponsors
PLANTINUM:
• Bank of Cyprus
• pwc