By Alexander Apostolides on December 17, 2008

Similar islands opposite news.

A very brief note: Malta continues to attract high end manufacturing that links its ICT knowledge with manufacturing incetive - while here in Cyprus it seems that noting is beein done to attract foreign investment in manufacturing - we are staking ou our "eggs" in the one basket of the services sector.

On other news the economy in north cyrpus is again near collapse and is being bailed out by Turkey. This is quite an achivement, since the economy had a significant growth spurt that would have brought some aliviation to the budget deficit.