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All reports tagged with: "liquidity problem"

Home sales continue slide despite incentives

Despite cuts in VAT and transfer taxes, and revised laws designed to improve consumer protection, the number of properties being sold in Cyprus is continuing to decline according to government figures.

Property prices will continue to fall says bank chief

Cyprus bank executives see a further deterioration in the Island’s economic conditions next year that they consider will further reduce liquidity, increase the cost of borrowing, and put further downward pressure on property prices.

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