The Kamares Emergency Medical Centre opened in October 2007 and after almost ten years of success, continues to offer an invaluable service to the residents of Kamares and the nearby villages of Tala, Koili and Tremithousa. The purpose-built and fully equipped centre, which operates on a 24/7 basis, allows all members to receive free
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Cyprus, and Limassol in particular, seems to be divided between two basic principles – to allow a new construction boom, with 30-storey sky-high towers, contributing significantly to the local economies in the short term, or to introduce a sustainable growth plan that will see tremendous benefits in the medium- to long-term. Thus, the southern
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Numerous high-rise buildings, comprising commercial and residential properties, are set to dominate the skyline of Limassol; several are already under construction others are in the pipeline. According to Cyprus Property News, the Limassol skyline, which already boasts the highest commercial building in Cyprus, is set to be dominated by high-rise buildings in the coming
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Aim is for 6 mln holidaymakers in 2030 Arrivals of tourists reached a new monthly record of 418,732 in May compared to 364,943 in May 2016, recording an increase of 14.7%, according to the monthly Passengers Survey conducted by the statistical service Cystat. Officials believe Cyprus is on track to meeting and even passing
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As we are now entering an important period in the modern history of the United Kingdom, during which its future relationship with the EU will take shape, President Nicos Anastasiades expressed his “sincere commitment” to work with the British government towards forging an even closer and dynamic relationship with the UK, which for Cyprus is
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From being part of the problem, Cypriot banks are becoming part of the solution, Finance Minister Harris Georghiades told the Association of Cyprus Banks annual meeting. In his address, Georghiades recalled the dramatic moments in the banking sector during the financial crisis 0f 2012-2013. Cyprus’ oversized ailing banking sector forced the government to request
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Cyprus tested the markets successfully once again on Tuesday as it issued a 7-year EMTN bond amounting to 850 million euros, according to Public Debt Management Office at the Ministry of Finance. The coupon was set to 2.7% and the yield to 2.8%, the PDMO said. Total bids amounted to 3.7 bln. The Finance
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. In the present turbulent times of a fragile economy and instability in the Cyprus political spectrum, the wise words of a pioneer should be sought out to guide ordinary folk out of their troubles, while anxious, young professionals need to follow the well-trodden paths of experienced business people many of whom have been successful,
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. By Panos Danos CEO Danos / BNPPRE Group The Limassol property market is undergoing a strong surge, with high demand for prestige residential and commercial property – which will inevitably lead to a shortage of high-value homes and offices. Several tower developments are currently in the development pipe line or in the conception stage.
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. By Mauricio Soto Young adults in advanced economies must take steps to increase their retirement income security Public pensions have played a crucial role in ensuring retirement income security over the past few decades. But, according to the IMF, for the millennial generation coming of working age now, the prospect is that public pensions
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