- Melton Mowbray, Leicestershire
Responsible for swiftly and safely reacting to breakdowns on a broad range of equipment around the plant
- Recruiter: Mars Pet Care
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Planning and execution of all activities and to develop and conduct appropriate procedures of company equipment, processes, products and systems.
- Recruiter: Thermo Fisher Scientific Inc.
- Totnes, Devon
- Up to £30,000 p.a. + benefits
Control Systems Engineer, with 1+ years industry experience to join our innovative, growing business. Degree qualified. Good salary + benefits
- Recruiter: Argand Solutions Ltd
- London (Greater)
- £26,000 - £30,000 basic salary + target bonus
Technical Sales: Are you an enthusiastic sales or account executive with a can do attitude?
- Recruiter: Precision Microdrives
- Birstall, Leeds, West Yorkshire
- £23k – 29k plus excellent benefits
Would you like to start a career at Mars as Electrical Technician?
- Recruiter: Mars Pet Care
- LE5 5LZ, Leicester
We are looking for an electrical design engineer who can provide expertise to support the engineering team.
- Recruiter: Cressall Resistors Limited
- Stevenage, Hertfordshire
These roles encompass the development of knowledge and skills in each of the relevant skill areas
Carrying out manufacturing and test tasks within the electrical department
This is an excellent opportunity to join the UK Manufacturing team as it embarks on building a new production facility
- Stevenage, Hertfordshire
An opportunity has arisen for a Manufacturing Manager to lead the Manufacturing Operations and Logistics teams within the Manufacturing workshops
30 March 2013 by Pelle Neroth
will be closed down.
Many of these account holders were well off Russians. The media calls them oligarchs to ease the guilt over Cyprus's expropriation action at the EU's behest.
Their deposits will be moved into a so called "bad bank", while those with deposits under 100,000 euros will find their deposits moved to the bank of Cyrpus and reconstructed. It is not clear how much the high end depositors will eventually get to keep of it, but at least the European tax payer, unlike in previous bail outs, will be spared any outlay. Politically, it was an easy sell to the European publics.
There is a complicated energy angle to all of this. Large amounts of natural gas have been found in the East Mediterranean basin. Only Cyprus - which has become rather prosperous in recent years, thanks to banking activities - and Israel gave been able to take advantage of this. They struck a deal over their mutual sea border to facilitate prospecting. Israel's Leviathan and Tamar fields are set to begin production in April. Cyprus is a bit further behind. Other countries in the area are nowhere. Syria is in the grip of a civil war. Some EU officials seem to think gas from the East Mediterranean basin could be a substitute for the slightly humiliating dependence in many EU states on Russian gas. That was another reason not to "lose" Cyprus. Before the EU deal was struck, Cypriot leaders had travelled to Moscow to seek to solve its financial problems by getting a loan in return for Russia getting a future share of Cyprus's hydrocarbons.
The deal, seemingly, was not attractive enough to the Russians, and fell through. But the overture seemed to have a desired effect on the EU, which offered a more generous bailout deal than an original offer made earlier..
The original proposal would have hit anyone with savings of over 20,000 euros in Cypriot banks, not 100,000 euros as is the situation now. Cyprus accepted this latter, better deal.
But is the EU deluded about how much gas there actually is? The deal, after all, wasn't good enough to tempt Russia.
Some media outlets have talked about gas as Cyprus's meal ticket. Maybe not; there is enough there for 50 years of domestic consumption, true, but that is because Cyprus is a small country.
The reserves are a tiny fraction of Qatar's, for example. Ironically, now
that its banking system has shrunk, Cyprus may lack the investment capital to develop the fields as well as build LNG terminals. The alternative would be to build a cheaper pipeline to nearby Turkey for onwards sale, but Turkey - which supports the rogue Turkish Cypriot Republic in the northern half of the island - is Cyprus's arch enemy.
Andrew Duff, a libera lmember of the European parliament, said this could be an opportunity for a Turkey-Cyprus rapprochement, just as Germany and France were united after the second world war over coal and steel. Sounds doubtful, but who knows.
Pelle Neroth -- EU correspondent
Posted By: Pelle Neroth @ 30 March 2013 07:56 AM Energy
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