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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

  • 26 May 2020 The elite are snapping up pandemic passports so they can escape to safer countries

    Millionaires are looking to escape to a safe country with good medical... read more

  • 14 May 2020 CASINO RESORT Construction work resumes

    Construction work on the City of Dreams Mediterranean casino will resume on... read more

  • 11 May 2020 KEVE All the details of the business and employee support measures

    To deal with the effects of the crisis on the coronaire after their approval... read more

  • 13 March 2020 THE RECONSTRUCTION PLAN OF THE LARNACA MARINA

    The Larnaca Port & Marina Master Plan will become a great resource for the... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

  • 26 May 2020 The elite are snapping up pandemic passports so they can escape to safer countries

    Millionaires are looking to escape to a safe country with good medical... read more

  • 14 May 2020 CASINO RESORT Construction work resumes

    Construction work on the City of Dreams Mediterranean casino will resume on... read more

  • 11 May 2020 KEVE All the details of the business and employee support measures

    To deal with the effects of the crisis on the coronaire after their approval... read more

  • 13 March 2020 THE RECONSTRUCTION PLAN OF THE LARNACA MARINA

    The Larnaca Port & Marina Master Plan will become a great resource 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/