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Monthly Archives: August, 2009

Articles

Cyprus slips into recession

Alan Lawton -
According to the latest “flash” estimates from the Statistical Service, Cyprus slipped into a recession during the second quarter of 2009.
News

Residential property construction slows

David Crowther -
According to the latest figures from the Cyprus Statistical Service (CYSTAT) building permits for the construction of 1,191 residential properties were authorised in May 2009; down by more than 30% on the 1,715 authorised in May last year.
Investment

The end of Cyprus’ remarkable real estate boom

Nigel Howarth -
The amazing Cyprus real estate boom is over. The weak pound and the UK economic problems have prompted potential British buyers, who account for 70% of overseas property sales, to look elsewhere according to a report by the influential Global Property Guide.
News

Desalination plant at Episkopi

Nigel Howarth -
Plans for a further desalination plant in Cyprus got underway last Friday when an agreement was signed for the construction of a unit at Episkopi that will deliver 40,000 cubic metres of water a day to Limassol.
News

Number 10 replies to Cyprus petitioners

Nigel Howarth -
More than 2,000 people added their names to a UK Government’s Number 10 e-petition urging the Prime Minister to exert pressure on the Government of Cyprus to protect property rights.
Articles

Minister boldly goes where no-one has gone before

Editorial -
Given the poor state of Cyprus’ public finances, the current government is putting much effort into resolving the Title Deed scandal. Whether it will succeed in resolving a problem that’s been around for 30 years or more remains to be seen.

Top Stories

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