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Top academics´ presence a sign of things to come
(From "Cyprus Mail" Saturday, 8 June 2002)


A TEAM of distinguished academics is coming to Cyprus next week to brainstorm over the establishment of a new research and educational institute on the island.

Among the scholars are Nobel Laureates Paul Crutzen and Harold Varmus, as well as Jeffrey Sachs of Harvard University - also a special adviser to the UN Secretary-General - and former Undersecretary of the US Department of Energy, Ernest Moritz.

The programme was announced at a news conference yesterday, organised by the Cyprus Development Bank.

Bank Chairman Andreas Mouskos poured praise on the project, which he said would bring so many eminent scholars together in Cyprus for the first time.

"Their willingness to come from all around the world to attend the convocation despite their busy schedules, is a measure of the importance they attach to the realisation of the project," Mouskos said.

The proposed Cyprus Institute aims to use science and technology "to unearth the region's past and shape its future as an integral and vital part of the community."

According to a news release, the Institute expects to be partnered with other world-class institutions worldwide. It will be structured into research centres, probably focused on energy, environment and water, technology and archaeology as well as other fields of study.

It is estimated that the institute will require a capital investment of several hundred million euros, with ongoing operational expenses in excess of £60 million euros, expected to be provided by the European Union.

Professor of Physics Costas Papanicolas of the University of Athens, the main co-ordinator of the project, said the cost would be covered by the EU only if the institute was classed as a Centre of Excellence, and noted that such an institute could not flourish without the support of the public.

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