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Archive for 'Tag Archives: 'Economic''

Greek Bailout Update And In-Depth Analysis

Greek Bailout Update And In-Depth Analysis

Greek Bailout Update News that Greece has had a long awaited second financial bailout has sent soothing waves through the European and Global financial markets as worries over Greece’s ability to finance its current debt obligations [...]

European Banks Stress Test Results – Cyprus Banks Pass

European Banks Stress Test Results – Cyprus Banks Pass

European Banks Stress Test Results Good news for Cyprus banks as all three of Cyprus’ main banks have passed the EU stress tests. These include Marfin Laiki Bank, Bank of Cyprus and Hellenic Bank. All three [...]

Cyprus Blast – Cyprus Explosion – Analysis Of The Large Munitions Blast

Cyprus Blast – Cyprus Explosion – Analysis Of The Large Munitions Blast

With Power at the Vassiliko power plant still intermittent and the issue of how the blast occurred still unclear, we ask who is to blame for Cyprus’ worst peacetime disaster? Cyprus Blast – Update: Well it [...]

Economic Crisis Being Used As Excuse To Not Pay Rates And Taxes

Economic Crisis Being Used As Excuse To Not Pay Rates And Taxes

Peyia municipality is facing a tough period as more than €2 million is owed in back taxes according to Linda LeBlanc the local councillor for Peyia. This figure is made up of money owed by around [...]

Last Section Of New Cyprus Title Deeds Law Passed

Last Section Of New Cyprus Title Deeds Law Passed

Analysis of the decisions by the Cypriot Parliament related to the last two Cyprus “town planning amnesty” bills to ease the Title Deeds issue for home-owners on the Island. Last part of new Cyprus title deeds [...]

Cyprus Title Deeds Town Planning Amnesty Law Passed

Cyprus Title Deeds Town Planning Amnesty Law Passed

Cyprus Title Deeds Issue Law Passed The Cypriot parliament has passed most of the new legislation, which was directed to help the title deeds problem that has been an issue for buyers of Cyprus property for [...]

Why Cyprus Is Still So Attractive To Russian Businesses

Why Cyprus Is Still So Attractive To Russian Businesses

Cyprus acts as Offshore International Finance Centre for Russian Businesses So what is an OIFC? An OIFC is a country, state or nation that allows a business to have part of its operations based there to [...]

No Change To Cyprus Corporation Tax Still Lowest In Europe

No Change To Cyprus Corporation Tax Still Lowest In Europe

No change yet to Cyprus corporation tax but talks to open in March: The highly attractive 10% corporation tax rate for businesses operating in Cyprus will remain intact for now following a reported leak that Germany [...]

Top 10 Reasons Russians Find Cyprus Property Investments So Attractive

Top 10 Reasons Russians Find Cyprus Property Investments So Attractive

Top 10 Reasons Russians Find Cyprus Property Investments So Attractive: Here are our current top ten reasons to invest in Cyprus property and real estate from a Russian perspective. The list in no particular order: 1, [...]

Hellenic Bank Gets Downgraded Slightly By Moody’s

Hellenic Bank Gets Downgraded Slightly By Moody’s

Hellenic bank has had the following divisions of its operating structure downgraded as of March the 2nd 2011: The news is not unexpected and comes at a time when Greek and Cypriot banks start seeing the [...]