Since 1970
Call us: +357 (24) 822 870 // www.palourtis.com

Newsletter

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 15 January 2020 US Acceleration of visa liberalization for Cypriots

    Accelerating efforts to include Cyprus on the list of countries whose... read more

  • 13 December 2019 A dream is coming true

    A beachfront with an area of 3.5 kilometres will be released from oil tanks. read more

  • 9 December 2019 Villas for rooftops in Cyprus up to twenty six million euro

    Expensive homes and apartments for sale in Cyprus are growing and populating.... read more

  • 29 November 2019 Νέα Πολιτική Αδειοδότησης

    Υφιστάμενη κατάσταση read more

  • 27 November 2019 Property Investment is our Specialization

    Lately, we made a lot of sales in the Commercial Sector as very good bargains... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 15 January 2020 US Acceleration of visa liberalization for Cypriots

    Accelerating efforts to include Cyprus on the list of countries whose... read more

  • 13 December 2019 A dream is coming true

    A beachfront with an area of 3.5 kilometres will be released from oil tanks. read more

  • 9 December 2019 Villas for rooftops in Cyprus up to twenty six million euro

    Expensive homes and apartments for sale in Cyprus are growing and populating.... read more

  • 29 November 2019 Νέα Πολιτική Αδειοδότησης

    Υφιστάμενη κατάσταση read more

  • 27 November 2019 Property Investment is our Specialization

    Lately, we made a lot of sales in the Commercial Sector as very good bargains... read more

No need for new fiscal consolidation measures in 2016

The bailout of the economy performs and continues to make progress, said upper source of the European Commission, according to which there is no need to impose additional fiscal consolidation measures in 2016. Noting that an agreement was reached today at a technocratic level on the updated Memorandum The same source said that while there is a strong and tangible commitment by the Government to achieve the program goals. He noted that the reform agenda remains the same and that they do not need to add new measures to the program unless there is a real need for something so. He also referred to the need for treatment of non-performing loans and approval of draft laws on the sale of loans and the issue of title deeds to the enclaved owners. He also said that Cyprus should proceed with structural reforms relating to privatization and reform public service, adding that despite the fact that no progress however should accelerate the pace of reforms. He also said that there is great need for application of additional fiscal consolidation measures in 2016, expressing the need to ensure the progress achieved so far. even confirmed that indeed the Cyprus comes from the recession and the growth starts to move timidly up.  Answering a question, he expressed the view that based on facts so far Cyprus will ultimately need the entire 10 billion comprising the rescue plan, due to good performance of Cyprus on the issue of fiscal reform. Source: philenews / CNA


- See more at: http://www.philenews.com/el-gr/oikonomia-kypros/146/268839/den-chreiazontai-nea-metra-dimosionomikis-exygiansis-to-2016-anaferei-pigi-tis-komision#sthash.636XUiG2.dpuf