* Returns to capital markets with EUR 3bn bond sale * Greece made a successful return to the capital markets on Tuesday, raising EUR 3 bln in its first bond sale for three years, with the government in Athens hailing the auction as a “significant step” towards exiting the country’s third bailout some time next
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Sentiment among German businesses is euphoric, the Munich-based ifo research centre said, with its Business Climate Index rising from 115.2 points last month to 116.0 points in July, hitting a new record high for the third month in succession. Companies’ satisfaction with their current business situation reached its highest level since Germany’s reunification. Their short-term
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By Jameel Ahmad, VP of Market Research, FXTM While the oil markets are attempting to maintain gains following the latest OPEC meeting, I remain unconvinced whether the outcome to the gathering actually means anything for the price of oil in the long run. If anything, the tone coming from St. Petersburg was more of a
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. By Antonis Loizou F.R.I.C.S. – Antonis Loizou & Associates Ltd – Real Estate Valuers & Estate Agents As the summer season comes closer and closer, so the owners’ visits will increase. It is not advisable that you only pay a visit the last minute in order to check if everything is okay. Usually,
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From an international perspective, real estate in Berlin is still regarded as affordable, while market observers disagree on whether some form of price correction is on the horizon, the Handelsblatt reported, devoting extensive coverage to the most attractive real estate markets in Germany and their future potentials. The paper’s weekend edition contained detailed profiles of
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Property sales continued to grow for the sixth consecutive month in 2017, both from the domestic and especially from overseas markets. During the first half of 2017, domestic sales have risen by 13% and the overseas market by 44%, compared with the same period last year. Paphos continues to have the lead in purchase
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. By Alon Ben-Meir It is hard to imagine that along with the catastrophe that has been inflicted on Syria for the past six years, another calamity is unfolding in Yemen of damning proportions while the whole world looks on with indifference. What is happening in Yemen is not merely a violent conflict between combating
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The Co-operative Central Bank has completed the cycle of lenders offloading their often toxic non-performing loans portfolios to recovery experts and is now set to head for the Cyprus Stock Exchange later this year. The state-owned bank, the result of a merger of more than 200 Co-op credit societies (SPE) and a subsequent bailout
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International tourist arrivals worldwide grew by 6% in January-April of 2017 compared to the same period last year, with business confidence reaching its highest levels in a decade, according to the latest UNWTO World Tourism Barometer. Sustained growth in most major destinations and a steady rebound in others drove results, while prospects for May-August
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Tourist arrivals reached 472,450 in June, compared to 413,114 in the same month last year, recording an increase of 14.4%, according to the monthly Passengers Survey. June had the highest volume of tourist arrivals ever recorded in Cyprus during the specific month. For the first half of 2017 tourist arrivals totalled 1,463,206, compared to
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