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16th April 2024
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Yearly Archives: 2014

Cheap as chips or curry and chips?

Cyprus is the curry and chips after a long night at the pub and is lucky to have entered the crisis last and at a point where the US and Western European economies have stabilised from the post 2008 turbulence.

IMF approves €84 million loan tranche

he Executive Board of International Monetary Fund (IMF) has confirmed Cyprus is on track with the conditions of its bailout programme, enabling the immediate disbursement of €84 million.

Dramatic fall in Cyprus property prices

Over the past year residential house prices in Cyprus have fallen by 7.8 per cent while apartment prices have fallen 10.7 per cent, according the RICS Cyprus Property Price Index for Q1 2014.

Cyprus property values updated

Announcing the completion of the task of updating Cyprus property values as part of the island's bailout agreement, Interior Minister commented that privately owned land in Cyprus is worth some €200 billion.

Swiss Franc loans breakthrough

Out of court settlements in connection with the alleged mis-selling of Swiss Franc loans have been widely reported in the Cyprus and UK media and we have been inundated with requests for further information.

Limassol marina open for business

President Nicos Anastasiades presided over the official opening ceremony of the Limassol marina on Thursday describing it as "a jewel for Limassol and for Cyprus" according to media reports.

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