Cyprus
chinese buyers boosting property sales in cyprus
The Cyprus residential property market is reported to be getting a boost from the Far East, as interest from Chinese buyers looking to purchase top end luxury properties in Paphos is increasing, the Cyprus Property News is reporting.
bank of cyprus looks to uk for customer protection
In a move to safeguard customers and perhaps distance itself from difficulties in Greece, the Bank of Cyprus UK has transferred its banking to a new subsidiary which is fully protected by the Financial Services Compensation Commission.
cyprus downgraded to junk by moodys
Moodys, the international ratings agency, has today downgraded Cyprus to junk status, adding to the woes of the eurozone-member island nation.
cyprus housing market paralysed
Cypruss beleaguered residential housing market has been dealt a fresh blow, as would-be house-buyers on the Mediterranean island have begun postponing purchases in hopes of benefiting from a reduced tax, according to a report in the online Cyprus Property News.
cysec chairman decisions revoked
The Cyprus Securities and Exchange Commission has revoked 85 to 100 decisions following a Supreme Court judgment.