Cyprus-Forum.com

[dinos]

http://business.time.com/2012/01/27/are ... countries/

"The high profile political figures here at Davos disappointed — Merkel was angry and depressed by turns, and Geithner was defensive. Europe remains a mess, the U.S. vulnerable, and emerging markets — the only bright spot in the last three years — are slowing down. Politicians have few solutions to the huge problems of the day — labor bifurcation, debt, and inequality. Markets want answers, but leaders can’t give them — in part because for them, nearly any sort of action poses political risk.

Meanwhile, the top companies seem to exist in a world apart — they are booming, and their executives are prospering. If there is a meta theme to this year’s World Economic Forum in Davos, it is that the world’s largest companies are moving on and moving ahead of governments and countries that they perceive to be inept and anemic. They are flying above them, operating in a space that is increasingly disconnected from local concerns, and the problems of their home markets. And if the conversations here are any indication, they may soon take over much of what government itself does."
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Is this what the future holds for Cyprus: A few energy companies tell US / EU authorities that they're tired of the 3% they have to pay off the top for their gas. It's killing their earnings and depleting shareholder value...

Is anyone else considering the likelihood that Cyprus, in all these talks of Leviathan, Aphrodite, etc gas fields gets totally screwed in the end? Just a discussion point; I'm wondering if this nat gas stuff make other people nervous too.

[boomerang]

dinos in a short sweet kind of way, protectionism is coming back...what other options are left?...i would say within around 5-10 years...

the country that introduced the free market, the US, will be the first country to walk away from it...

[Sotos]

The only way we can be screwed by companies with the gas business is if we sign the wrong deals. If the deals are right then the companies will have to do what was agreed and Cyprus will get its share from the profits.