Property sales continued to grow for the third consecutive month in 2017, both from the domestic and especially from overseas markets, according to data compiled by Leptos Estates. Paphos continues to have the lead in purchase contracts by foreign buyers by 43%, in comparison to Limassol which follows with 30%. Larnaca is third with
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Limassol Marina has teamed up with Enviromotion Ltd. to add the Gocycle electric bikes to its fleet of environmentally friendly vehicles for staff to use around the marina. The foldable and lightweight electric bike was designed by ex-Formula One McLaren car designer Richard Thorpe in London. Celebrity Gocycle owners include Christiano Ronaldo, Eddie Jordan,
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. By Antonis Loizou F.R.I.C.S. – Antonis Loizou & Associates Ltd – Real Estate Valuers & Estate Agents For those brave people who want to invest in real estate, especially houses, now is the time to get a good deal, as opposed to that of previous years. Building land and plot prices are on a
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. * Erdogan has removed Turkey from the western orbit and set the alliance on a collision course * By Alon Ben-Meir The growing tension between Turkey and its western allies, which was further heightened during the Obama administration, is narrowing the space for cooperation between the two sides and in fact is progressively worsening.
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. The latest fad is to jump on the volunteerism bandwagon, with people taking selfies, wearing a crisp-clean event t-shirt or holding a spade for no more than 25 seconds, just enough time to post something on social media. One reason is that it has become a fashionable gimmick or even a social status symbol
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. “Discovery of hydrocarbons places new challenges” By Marios Demetriades Cyprus has been firmly established as a reputable international maritime centre combining both a sovereign flag and a resident shipping industry which is renowned for its high quality services and standards of safety. The Cyprus Ship Registry today ranks among the leading registries internationally and
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The Economic Sentiment Indicator (ESI-CypERC) increased by 0.6 points in March compared to February 2017, driven by confidence improvements in industry and among consumers. The Economics Research Centre of the University of Cyprus said in its monthly survey that the Services Confidence Indicator remained unchanged as the upward revisions of turnover expectations were offset
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AstroBank (formerly Piraeus Bank Cyprus) unveiled its new name and brand identity at a special event in the presence of Finance Minister Harris Georgiades and other guests. The bank aspires to cater to both local and international clients, building on the combined experience of its new shareholders and Board of Directors and the extensive expertise
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The seasonally adjusted volume of retail trade rose by 0.7% in February compared with January in both the euro area (EA19) and the EU28, according to estimates from Eurostat. In January, the retail trade volume increased by 0.1% in the euro area and by 0.2% in the EU28. In February compared with a year
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A total of 275 bounced or dishonoured cheques worth 400,000 euros, were issued in the first quarter of the year, according to data released by the Central Bank of Cyprus. A total of 100 dishonoured cheques were issued in March, compared with 72 cheques in February and 86 in March of 2016. According to
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