Cyprus Real Estate News
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Cyprus Real Estate News |
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Cyprus GDP growth target revised higher
The Ministry of Finance (MoF) has revised higher the GDP growth target for 2007 to 4.2% from 4.0% previously forecast but maintains the 2008 target at 4.0%, while inflation is expected at 2.5% in 2007 and 3.3% in 2008.
Bank of Cyprus hits all-time record high
Bank of Cyprus shares hit a new all-time record high, pulling the Cyprus Stock Exchange (CSE) Main index to a record following a massive influx of investors after Marfin Popular Bank liquidated all its stake in the Bank
Central Bank of Cyprus keeps rates unchanged, warns of economy ‘overheating’
The Central Bank of Cyprus has kept interest rates unchanged, with its Governor Athanasios Orphanides saying after a meeting of the Monetary Policy Committee on Monday that the key refinancing rate remained at 4.50%. The Bank left the Lombard rate at 5.0% and its overnight deposit facility rate at 3.0%.
Cheap Cyprus Property is There Any Such Thing?
Cheap Cyprus property is a holiday home buyers dream come true but if you don't take care it could turn into a nightmare. In the search for cheap Cyprus property many prospective buyers are starting to look towards the North of the Island.
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