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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 9 October 2019 Landmark Agreement between Cyprus and the United Kingdom

    FULL details of the landmark agreement between Cyprus and the United Kingdom... read more

  • 3 October 2019 Breaking News Potential Change to Definition of Russian Tax Residency for Individuals

    Individuals spending 90 days a year in Russia, or having their centre of... read more

  • 10 September 2019 Many Home dwellers few are the first borrower applications

    Implementation of the Home plan has not begun with the best odds, as... read more

  • 3 September 2019 Home plan from tomorrow for 10 thousand borrowers

    After months of discussions, the Home Plan is being implemented from tomorrow... read more

  • 2 September 2019 July property sales hold steady Update

    The number of Cyprus property sales during July was the same as the number... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 9 October 2019 Landmark Agreement between Cyprus and the United Kingdom

    FULL details of the landmark agreement between Cyprus and the United Kingdom... read more

  • 3 October 2019 Breaking News Potential Change to Definition of Russian Tax Residency for Individuals

    Individuals spending 90 days a year in Russia, or having their centre of... read more

  • 10 September 2019 Many Home dwellers few are the first borrower applications

    Implementation of the Home plan has not begun with the best odds, as... read more

  • 3 September 2019 Home plan from tomorrow for 10 thousand borrowers

    After months of discussions, the Home Plan is being implemented from tomorrow... read more

  • 2 September 2019 July property sales hold steady Update

    The number of Cyprus property sales during July was the same as the number... read more

German Press Up to one hundred billion the value of deposits in Cyprus

In a full-page story, the newspaper "Die Zeit" titled "Everything on Venus ', states that the value of deposits estimated at 30 to 100 billion euros," enough money to cover the debt and bring new prosperity to the country' .

"But no one knows if all these become reality as the president's plan Anastasiadis risks failing" he says, adding that he "could stumble on technical problems and costs, but mainly to hostility between the Greek Cypriot south and Turkish Cypriot north."

As the newspaper notes, "even though the Cypriot government managed to mining deposits unilaterally, ie without the involvement of Turkish Cypriots, Nicosia does not want in any way to transport natural gas through Turkey, despite the fact that Turkey is Located just 70 km. "

"` Instead of this the government plans to build a massive liquefaction and transport the gas by ship. Given the enormous volume of the project for a country of 780,000 residents, the project is economically nonsense. Would cost around € 15 billion, about the total debt of the country and the almost bankrupt country will lose five years if he prefers to build the plant instead of the pipeline. "

http://www.ant1iwo.com/oikonomia/2013/09/26/germanikos-typos-mexri-kai-100-dis-h-aji/