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State of the Cyprus economy in 2008

A recent poll by the CFA/Financial Mirror predicts lower growth and higher inflation in 2008. The Cyprus GDP growth rate...
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Credit crunch cools the Cyprus property market

THE CENTRAL Bank has reduced loan financing for property purchases to 60 per cent in order to protect banks...
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Price war on Cyprus bank deposits to hurt real estate

An intense price war waged by Cyprus' commercial banks in their bid to attract deposits is likely to hurt...
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Cyprus developers concerned over banks’ lending freeze

PROPERTY DEVELOPERS yesterday said they were worried about the Cyprus Central Bank’s new rules for mortgage financing, fearing serious...
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Cyprus Central Bank defends property margin action

THE GOVERNOR of the Cyprus Central Bank, Athanasios Orphanides, has defended the Central Bank's decision to increase the margin...
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Property Tax Here to Stay – Sarris

THE government turned down calls to slash property taxes amid findings that a staggering £241 m flowed into state...
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Accidents and Deaths ‘Waiting to Happen’ – Who’s to Blame?

THIS week's recriminations involving the state, local authorities and building contractors over who is to blame for the death...
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Cyprus Could Suffer from Nightmare Property Red Tape

IF THE problem with the title deeds is not resolved soon, Cyprus will suffer irreparable damages both on a...
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Planning Changes Spark Controversy

EVEN before they are fully published, the Local Plans, extending the building zones in the major towns, are causing...
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