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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 13 July 2020 Μελέτη για τις περιοχές των Βρετανικών Βάσεων

    Ανακοινώθηκε η περιβαλλοντική μελέτη για... read more

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

  • 23 June 2020 Historic deal allows property development in British Bases

    CYPRIOTS who own land in non-military areas inside the British Bases will be... read more

  • 9 June 2020 Cyprus beaches have the best water quality in the EU

    Cyprus had the highest proportion of bathing sites with excellent water... read more

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 13 July 2020 Μελέτη για τις περιοχές των Βρετανικών Βάσεων

    Ανακοινώθηκε η περιβαλλοντική μελέτη για... read more

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

  • 23 June 2020 Historic deal allows property development in British Bases

    CYPRIOTS who own land in non-military areas inside the British Bases will be... read more

  • 9 June 2020 Cyprus beaches have the best water quality in the EU

    Cyprus had the highest proportion of bathing sites with excellent water... read more

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

Released deposits of nine hundreds million in Bank of Cyprus

The Cyprus is able to recognize the challenges before it, that will be dealt with a firm commitment implementation of the Memorandum and the deployment package to stimulate the sector investment and employment reports in the report of the Ministry of Finance.

The Ministry, however, not complacent of the two positive ratings Troika stressing that challenges remain therefore weak growth prospects.

The Treasury estimates that the Cypriot economy will recover in 2015-2016.
 
Unemployment continues to rise, but the increase is expected to stabilize in 2014.
 
Wages, there is a significant reduction, which increases competitiveness.
 
The country's GDP is expected to shrink in 2013 by 5.5% although the memorandum provides for a reduction in GDP of 8.7%.
 
Is relatively better data in terms of private consumption, the strike is less than the initial forecasts and revenue from tourism to be in positive territory. Remains focused on the activities of foreign companies in Cyprus.
 
The report records and reduce outflows from the banks, but that is in exelixito issue of resolving the non-performing loans.
 
It also notes that the negative environment on the development, improve the investments made in infrastructure issues relating to hydrocarbons, reducing the price of energy and improve the export sector.
 
Concluding the Treasury states that the target for return in the markets is visible in the medium term.
http://www.ant1iwo.com/oikonomia/2014/01/22/staueropoieitai-h-anergia-to-2014-anakam/