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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 10 September 2019 Many Home dwellers few are the first borrower applications

    Implementation of the Home plan has not begun with the best odds, as... read more

  • 3 September 2019 Home plan from tomorrow for 10 thousand borrowers

    After months of discussions, the Home Plan is being implemented from tomorrow... read more

  • 2 September 2019 July property sales hold steady Update

    The number of Cyprus property sales during July was the same as the number... read more

  • 29 August 2019 Cyprus real estate market review 2018

    In its annual Cyprus real estate market review, PwC reports that the... read more

  • 19 August 2019 Building permits authorised for 907 new homes

    Building permits authorised in Cyprus during May 2019 provided for the... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 10 September 2019 Many Home dwellers few are the first borrower applications

    Implementation of the Home plan has not begun with the best odds, as... read more

  • 3 September 2019 Home plan from tomorrow for 10 thousand borrowers

    After months of discussions, the Home Plan is being implemented from tomorrow... read more

  • 2 September 2019 July property sales hold steady Update

    The number of Cyprus property sales during July was the same as the number... read more

  • 29 August 2019 Cyprus real estate market review 2018

    In its annual Cyprus real estate market review, PwC reports that the... read more

  • 19 August 2019 Building permits authorised for 907 new homes

    Building permits authorised in Cyprus during May 2019 provided for the... read more

Track development of the economy beginning in 2015

Brussels:  In growth trajectory, starting in 2015, enter the Cypriot economy, according to European Commission forecasts winter. In a joint press conference by the Commissioner responsible Pierre Moskovisi and "supervisor", the European Commission Vice-President Jyrki Katainen, noted that the recession in Cyprus was milder than expected for 2014. Pierre Moskovisi said that Brussels foresee little growth of 0 4% of GDP during 2015, while according to the report prepared by the competent services of the European Commission, the economy will grow at 1.6% GDP, 2016. As mentioned in the forecast, the deficit will be reduced to 3% 2014 and 2015, and is estimated to decline further to 1.4% in 2016. The public debt is estimated at 107.5% GDP this year and is expected to climb to 115% in 2015 and decreased again at 111.6% in 2016. Depending downward trend is expected to record and unemployment. Estimated to be "close" to 16.2% in 2014 to 15.8% in 2015 and even below 14.8% in 2016. The report of the European Commission notes that there are still risks, both within as and external front. On the domestic front, the European Commission refers to the risk of a more prolonged period of tight credit conditions. On the external front, it is estimated that the sanctions against Russia could hurt growth, both through the devaluation of the Russian ruble and because any disturbance in the flow of tourists. Response from Brussels: Paul Xanthoulis - See more at: http://www.philenews.com/el-gr/oikonomia-kypros/146/226552/trochia-anaptyxis-tis-kypriakis-oikonomias-me-afetiria-to-2015#sthash.ZCCSeWbi.dpuf