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Free tickets to ‘A Place in the Sun Live’ at the NEC

Channel 4 viewers may qualify for free tickets to this autumn's 'A Place in the Sun Live' overseas property exhibition that is being held at the NEC in Birmingham on the 27th to 29th September 2013.
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Church unveils large-scale construction projects

The head of the Cyprus Orthodox Church, Archbishop Chrysostomos II, has unveiled plans to build a major hotel in Paphos with Russian investors, an English-speaking school in Nicosia and a geothermal park.
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Chinese investors aim to pour 1.5 billion into Cyprus

A delegation from the Hong Kong-based conglomerate 'China Glory National Investment' was received by Cyprus President Nicos Anastasiades at the Presidential Palace on Monday.
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Immigration permits for non-EU nationals

The Interior Ministry recently announced changes to the procedures for granting Immigration Permits (Permanent Residence) to third country (non-EU) nationals who intend to invest in Cyprus.
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Central Bank press release on banking measures

A press release issued by the Central Bank of Cyprus clarifies the measures implemented at the Bank of Cyprus and Laiki Bank following the agreement reached between the Cyprus Government and the Eurogroup
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Big depositors in Cyprus to lose far more than feared

Big depositors in Cyprus's largest bank stand to lose far more than initially feared under a European Union rescue package to save the island from bankruptcy, a source with direct knowledge of the terms said on Friday.
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Extra holiday to pass legislation on bank deposits

President Anastasiades may need extra time to get the deeply unpopular levy on Cyprus bank deposits through parliament and may have to declare Tuesday & Wednesday as public holidays to stave off a possible run on the banks.
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Risk of Cyprus default “material and rising”

Cyprus faces a "material and rising risk" of defaulting on its sovereign debt, especially if the euro zone and International Monetary Fund do not come up with aid, rating agency Standard & Poor's said on Wednesday.
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Free tickets to ‘A Place in the Sun Live’ at Olympia

London's Olympia will host 'A Place in the Sun Live', the official overseas property exhibition of the hit Channel 4 TV show that helps house-hunters find their dream property, on 12th - 14th April 2013.
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Fitch downgrades Cypriot covered bonds

Following yesterday's storming of the Bank of Cyprus by angry investors who claim they were mis-sold high-yield bonds, Fitch Ratings has downgraded the covered bonds of the Bank of Cyprus and the Cyprus Popular Bank.
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First marina apartments delivered

The first ninety four apartments on the new marina development in Limassol have been delivered marking the completion of beginning of the project's operation; the first yachts are anticipated to arrive in March.
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Fitch cuts Cyprus sovereign credit rating to ‘B’

Ratings agency Fitch has downgraded the Republic of Cyprus' sovereign credit rating two notches on its belief that it may cost the government more to bailout the island's banking sector than previously anticipated.
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Moody’s downgrade piles on the junk

Moody's Investor Service has downgraded Cyprus' top three banks citing uncertainty over the country's bailout talks with international creditors, bringing them closer to the bottom of junk status.
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Moody’s cuts Cyprus rating on default risk

Moody's cut Cyprus government bond credit rating by three notches to Caa3 from B3 due to an increase in government debt and issued a warning that the country had a 50 per cent chance of default.
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Law changes encourage overseas investment

With the aim of attracting investment into Cyprus from countries outside the EU, citizens of those countries may now acquire more than one dwelling providing that certain criteria and conditions are met.
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More junk piled on Cyprus by Standard & Poor’s

Standard & Poor's Ratings Services pushed Cyprus further into junk territory by lowering its long and short-term sovereign credit ratings by two notches to CCC+. The outlook is negative.
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Construction sector investment retreats

The reduction of investment in the island's construction sector continued in September increasing the uncertainty about its outlook as there are no prospects of a recovery in the foreseeable future.
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Fitch downgrades Cypriot covered bonds

Following its downgrade of three of the island's banks last Friday, ratings agency Fitch has today downgraded the Bank of Cyprus and the Cyprus Popular Bank's covered bond ratings.
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Fitch piles more junk on the banks

Following Fitch Ratings downgrade of Cyprus sovereign credit rating on Wednesday, it has pushed the islands top three banks further into junk territory and believes that the failure of the Bank of Cyprus and the Cyprus Popular Bank "is imminent".
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Two notch downgrade from Fitch

Credit ratings agency Fitch has cut the island's credit rating by two notches with the possibility of a further downgrade citing a fiscal budget that has significantly underperformed expectations.
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