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Cyprus News Agency: News in English, 13-01-03
CONTENTS
[01] Cyprus ranks 23d in the Economist`s where-to-be-born index
[02] Laiki Capital expects increased loss for 2012
[01] Cyprus ranks 23d in the Economist`s where-to-be-born index
Cyprus ranks 23rd among 80 countries offering the most promising life
prospects for children to be born in 2013, according to a quality of
life index, composed by the Economist Intelligence Unit.
According to the Economist, the "where-to-be-born index" takes into
account 11 statistical indicators concerning financial and social matters,
noting that all add up to Switzerland being the best country for a baby
to be born in 2013.
The survey takes into account, among other considerations, a country's
geography, its demographic trends, the projected income per head in 2030,
the crime rate, life expectancy, quality of health and education as well
as life-satisfaction surveys.
[02] Laiki Capital expects increased loss for 2012
Laiki Capital announced Thursday that its consolidated financial results
for the year ended 31 December 2012 are expected to show an increased
loss after tax, compared to the consolidated financial results of the
corresponding period of 2011.
The decrease in the results is mainly due to the revaluation/impairment
of the financial assets, the expected impairment of goodwill and other
intangible assets of the Company, the revaluation of property/investment
in property as well as the decrease in the operating income due to the
collapse of the trading volumes in both the CSE and the ASE.
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