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Tag: Cyprus

Posted on September 24, 2022

Property prices & rents continue to rise

On a quarterly basis across Cyprus, sale values increased by 2.9% for apartments, 0.5% for houses and 0.1% for offices …

( read original story …)



Posted on September 23, 2022

Bank of Cyprus bid makes case for lender buyouts

Banks usually make for tricky private equity targets. Turnoffs include demanding regulators and high leverage, which stops buyers from piling on further debt. But when prices are low enough, the …

( read original story …)



Posted on September 19, 2022

Cyprus, Israel pledge quick deal in gas field dispute

Israel and Cyprus said Monday that they have made “significant” headway in resolving a long-running dispute over an offshore natural gas deposit and say they are committed to quickly reaching a deal …

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Posted on September 19, 2022

Bank of Cyprus/Lone Star: takeover needs more than just a higher price

The bank then chose to bail-in bank depositors during the European debt crisis. A 50 per cent haircut for savers with more than €100,000, mostly foreigners and including many Russians, helped finance …

( read original story …)



Posted on September 19, 2022

US lifts Cyprus arms embargo, Turkey claims decision will lead to ‘arms race’ in Mediterranean

The U.S. embargo started in 1987 as an effort to allegedly help re-unify the island following a Turkish invasion that created a breakaway state and years of fierce combat.
Posted on September 18, 2022

Cyprus’ pioneering retirement development

Since its official launch, Cypress Park, the island’s pioneering development that is scheduled to revolutionise retirement living in Cyprus, has drawn continued investment interest from individuals …

( read original story …)



Posted on September 18, 2022

Cyprus’ pioneering retirement development

Since its official launch, Cypress Park, the island’s pioneering development that is scheduled to revolutionise retirement living in Cyprus, has drawn continued investment interest from individuals …

( read original story …)



Posted on September 18, 2022

Partners in Cyprus’ Aphrodite gas field approve $192 mln investment

The partners in the Aphrodite gas field in Cypriot waters have approved a $192 million investment to begin drilling and to cover other development costs for the offshore project, Israeli firm NewMed …

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Posted on September 16, 2022

French Ambassador Says Respecting The Property Rights Of All Cypriots Is Key To Resolve The Cyprus Problem

Catalano, has stressed that a fair and lawful settlement of property issues in Cyprus, respecting the property rights of all Cypriots is key to resolve the Cyprus problem.

( read original story …)



Posted on September 15, 2022

Where is the cheapest property in Cyprus?

Steer clear of swanky new schemes or resorts that have been built to target deep-pocketed overseas property investors who are often buying to get a residency permit – like the high-rise luxury …

( read original story …)



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