Security: Cyprus asked to beef up protection for Israelis
(ANSAmed) - NICOSIA, SEPTEMBER 6 - Cyprus' government has been asked to beef up security in resorts popular with Israeli tourists, according to local dailies quoting the Israeli Jerusalem Post. "We've identified a continuation of the Iranian global campaign to launch terror attacks on Israelis," Jerusalem Post quoted a defense official as saying. "We're sending messages to every country hosting Israeli tourists," the source added. "It is very disturbing to see Iran, as a terrorist state, wage this determined campaign," he said. In July a Lebanese man was detained by Cyprus police for planning attacks against Israeli tourists. The arrest was made after police received information from Israeli intelligence. The man was in possession of photographs of Israeli targets, and information on Israeli airlines flying back and forth from Cyprus. The man will stand trial on September 12 in Limassol and faces nine charges of security-related offences.
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Crisis: Greece least competitive country in the EU
(ANSAmed) - ATHENS, SEPTEMBER 6 - Greece dropped another six places in the Global Competitiveness Report published by the World Economic Forum on Wednesday, and now finds itself 96th out of 144 countries as daily Kathimerini writes. The report suggested that Greece is the least competitive economy in the European Union, after sliding 30 places in the last six years.
This is attributed to the country's unstable macroeconomic environment (which is the worst in the world), insufficient access to the capital markets, lack of investor confidence in the country's prospects, corruption, the state's inefficiency and the inflexible labor market. Still, Greece boasts skilled human resources and reforms could bring about a fast recovery in the coming years, the report says. For countries like Greece to improve their competitiveness, the report recommends the recapitalization of banking systems, the proper management of public finances and the promotion of structural reforms aimed at increasing productivity and liberalizing markets and services, particularly in the domains of education, new technologies and innovation.
This is attributed to the country's unstable macroeconomic environment (which is the worst in the world), insufficient access to the capital markets, lack of investor confidence in the country's prospects, corruption, the state's inefficiency and the inflexible labor market. Still, Greece boasts skilled human resources and reforms could bring about a fast recovery in the coming years, the report says. For countries like Greece to improve their competitiveness, the report recommends the recapitalization of banking systems, the proper management of public finances and the promotion of structural reforms aimed at increasing productivity and liberalizing markets and services, particularly in the domains of education, new technologies and innovation.
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