No threat to offshores, Cyprus dithers on tourism

The European Commission’s diplomat in Cyprus reassured the business community that the application to join the EU poses no threat to the offshore sector, while in tourism, officials were dragging their feet on incentives to lure British tourists as Malta said it would subsidise its exchange rate, according to the issue 136, on November 15, 1995.

EC Ambassador Gilles Anouil told executives of the Offshore Enterprises Association (COEA) that their fears about the sector and its future

Offshores: