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Monthly Archives: February, 2009

News

Cyprus government revenues cut by property market crisis

Alan Lawton -
The unprecedented crisis in the Cyprus property market and the problems faced by businesses have pushed government revenues down sharply.
News

Government measures will push mortgage rates down

Nigel Howarth -
The Cyprus government is confident that its latest measures to support the island's economy will push mortgage interest rates down.
Articles

Cyprus property boom ends as weak pound scares away U.K. buyers

Simon Packard -
The weak pound will result in British buyers of second-home in Cyprus keeping their money in their wallets for the next two years or so.
News

Sales of property in Cyprus nose-dive

David Crowther -
The number of properties being sold in Cyprus has nose-dived in recent months following the latest phase of the global financial crisis.
News

Developers say building package will create ghettos

Anna Hassapi -
Property developers say that the Cyprus government's new package to boost the construction sector by building 500 additional low cost properties will create ghettos.
Marinas

Developers optimistic Limassol marina will start soon

Anna Hassapi -
Despite recent reports of funding problems, the Cypriot company set up to deliver the Limassol marina remains confident that everything will run smoothly.

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