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Tag: Cyprus

Posted on March 19, 2023

Cyprus Business Now: weekly wrap-up

In other news, over 70 per cent of housing scheme applications in Cyprus have been deemed eligible for potential loans, according to a report by the Ministry of Finance. This comes after the …

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Posted on March 18, 2023

Where to buy property in Cyprus

Additionally, foreign property investors are returning to Cyprus to enjoy capital appreciation opportunities, as well as an attractive quality of life for those looking to relocate, with access to …

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Posted on March 17, 2023

Cyprus to speed up repairs to high-rises amid quake worries

NICOSIA, Cyprus (AP) — Cypriot authorities will spend more than 100 million euros ($106 million) to repair dozens of dilapidated high-rise housing units built decades ago for refugees from the …
Posted on March 16, 2023

Buying Property in Cyprus

How high are realtors´ and lawyers´ fees in Cyprus? What about other property purchase costs? This article is a brief summary of the real estate purchase process and costs in Cyprus. How difficult is …

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Posted on March 16, 2023

Over 70 per cent of housing scheme applications eligible for loans

the Ministry of Finance stated that the Housing Financing Corporation (HFC) should evaluate the applications and send them for approval to the Treasury of the Republic of Cyprus by June 30, 2023. It …
Posted on March 15, 2023

UN official says world body committed to Cyprus peace deal

The United Nations remains committed to helping rival Greek Cypriots and Turkish Cypriots reach an agreement remedying the island nation’s ethnic cleave that has been the source of instability in the …
Posted on March 15, 2023

Man who bought home on ‘UK’s most dangerous street’ for £5,000 says it’s now worth £1m

After moving to the UK from Cyprus, Hasan Rezvan, 75, wanted to buy a house on Coldharbour Lane near Brixton for £7,000. But then the bank said he could only afford £5,000, he settled on a four-bed …

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Posted on March 12, 2023

Russians top list of foreign property buyers

Russians were the largest group of foreign real estate buyers in Cyprus during the first two months of 2023 followed by Brits and Israelis.

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Posted on March 11, 2023

Fitch ratings upgrades Cyprus’s long-term credit ratings

Fitch Ratings has upgraded Cyprus’ long term foreign-currency issuer default rating by one notch to “BBB” from “BBB-,” according to a statement published by Fitch on Saturday. The statement said the …
Posted on March 11, 2023

Average score for financial literacy in Cyprus below OECD minimum

There is a correlation between financial literacy and financial stability, according to experts taking part at the International Conference on Financial Literacy and Education in Cyprus organised by …

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