THE INTERNATIONAL INVESTMENT, FINANCE & PROFESSIONAL SERVICES MAGAZINE OF CYPRUS

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ISSUE 14 MAY 2012PRICE €6.95

POWERED BY:

LIFESTYLEPut your moneywhere your mouth is!

PLUS: MONEY / BUSINESSECONOMYTAX & LEGALLIFESTYLE

A SPACE ODDITYNik Halik still chasingchildhood dreams

INTERVIEWSK.C. CHANTHOMAS KAZAKOSBRANKO MILANOVIC

+ DAVID WOOTTON, LORD MAYOR OF THE CITY OF LONDON

DIPLOMATIC ANSWERSFIVE AMBASSADORS TO CYPRUS DISCUSS THE ISLAND’S ECONOMIC, TRADING AND POLITICAL FUTURE

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6 Gold THE INTERNATIONAL INVESTMENT, FINANCE & PROFESSIONAL SERVICES MAGAZINE OF CYPRUS

08 10 16

78 {money}

84 {business}

86 {economy}

91 {tax&legal}

94 {lifestyle}

94DIPLOMATIC ANSWERS

issue 14may 2012

COMMUNICATING IN A CRISISby Stephen Carver 18

IN EUROPE TO STAYby Elena Ambrosiadou 60

CYPRUS THE PREFERRED LOCATION FOR EU YACHT REGISTRATIONBy Chrysilios Pelekanos 74

DON’T LOSE THIS ONEby Peter Economides 98

+ OPINION

EDITORIALUP FRONTFIVE MINUTES WITH

FIVE AMBASSADORS TO CYPRUS DISCUSS THE ISLAND’S ECONOMIC, TRADING AND POLITICAL FUTURE

26

62 | A SPACE ODDITYInterview with celebrity financial coach, entrepreneur, adventurer and trained astronaut Nik Halik

68 | INEQUALITY IS

NOT ALWAYS BADWorld Bank economist Branko Milanovic on inequality, poverty and globalisation

62FEATURE

68

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{may 2012}

84 {business}84 Fit For The FutureInterview with David Wootton, Lord Mayor of London

86 {economy}86 Move over sun-and-sea economy! The suits are taking over!Business services surpass tourism as the main services export

88 Personal Attention and Ultimate Performance UPM Ltd offers boutique wealth management services

91 {tax&legal}

ISSUE

14

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

ECONOMY: Thinking, Fast and Slow By Daniel Kahneman 89

TAX & LEGAL: Common Corporate Tax Base and Determination of Taxable Income: An International Comparison By Christoph Spengel and York Zollkau 91

LIFESTYLE: My Little PlatesBy Roddy Damalis 97

+ BOOK REVIEW

78

THE INTERNATIONAL INVESTMENT, FINANCE & PROFESSIONAL SERVICES OF CYPRUS Gold 77

78 {money}78 London CallingThe City is set to maintain its place as Europe’s foremost financial centre

80 Made in Hong KongInterview with K.C. Chan, Founder and Chairman of KAB Strategy (Cyprus) Ltd.

91 European ParliamentThe Economic and Monetary Affairs Committee of the European Parliament votes in favour of a EU-wide Financial Transaction Tax

90 Signed At LastThe Protocol to the Cyprus-Poland Income and Capital Tax Treaty

94 {lifestyle}94 Put Your Money Where Your Mouth Is!The Top 10 most expensive food items in the world

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