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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

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/