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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 15 July 2019 Larnaca new high rise tower projects

    In Larnaca, some 20 – 30 high-rise residential developments and hotels... read more

  • 27 June 2019 Home Saves homes but also sells them away

    On September 2, applications for the Home project will begin. Yesterday the... read more

  • 18 June 2019 Citizenship by Investment Property Fair in Beirut Lebanon

    On 13 and 14 June 2019 we took part, together with our legal team, in the... read more

  • 13 May 2019 Petrolina will move storage units by years end

    read more

  • 6 May 2019 Energy saving measures grant scheme

    There are opportunities for those living in Cyprus to the reduce their energy... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 15 July 2019 Larnaca new high rise tower projects

    In Larnaca, some 20 – 30 high-rise residential developments and hotels... read more

  • 27 June 2019 Home Saves homes but also sells them away

    On September 2, applications for the Home project will begin. Yesterday the... read more

  • 18 June 2019 Citizenship by Investment Property Fair in Beirut Lebanon

    On 13 and 14 June 2019 we took part, together with our legal team, in the... read more

  • 13 May 2019 Petrolina will move storage units by years end

    read more

  • 6 May 2019 Energy saving measures grant scheme

    There are opportunities for those living in Cyprus to the reduce their energy... read more

Released deposits of nine hundreds million in Bank of Cyprus

The Cyprus is able to recognize the challenges before it, that will be dealt with a firm commitment implementation of the Memorandum and the deployment package to stimulate the sector investment and employment reports in the report of the Ministry of Finance.

The Ministry, however, not complacent of the two positive ratings Troika stressing that challenges remain therefore weak growth prospects.

The Treasury estimates that the Cypriot economy will recover in 2015-2016.
 
Unemployment continues to rise, but the increase is expected to stabilize in 2014.
 
Wages, there is a significant reduction, which increases competitiveness.
 
The country's GDP is expected to shrink in 2013 by 5.5% although the memorandum provides for a reduction in GDP of 8.7%.
 
Is relatively better data in terms of private consumption, the strike is less than the initial forecasts and revenue from tourism to be in positive territory. Remains focused on the activities of foreign companies in Cyprus.
 
The report records and reduce outflows from the banks, but that is in exelixito issue of resolving the non-performing loans.
 
It also notes that the negative environment on the development, improve the investments made in infrastructure issues relating to hydrocarbons, reducing the price of energy and improve the export sector.
 
Concluding the Treasury states that the target for return in the markets is visible in the medium term.
http://www.ant1iwo.com/oikonomia/2014/01/22/staueropoieitai-h-anergia-to-2014-anakam/