. By Antonis Loizou F.R.I.C.S. – Antonis Loizou & Associates Ltd – Real Estate Valuers & Estate Agents We have reported in the past that whereas buying a property in Cyprus is not difficult due to the abundance of supply, selling your own property may be more difficult than buying, since you will have to
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. Marcuard's Market update by GaveKal Dragonomics By Tan Kai Xian US home prices are on the up, having climbed 6% over the 12 months to February. Yet housebuilding has failed to keep pace with the rise in prices. Although construction has made a positive contribution to GDP growth over the last couple of quarters,
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. Marcuard's Market update by GaveKal Dragonomics By Udith Sikand South Koreans went to the polls last week and elected a special forces soldier turned human rights lawyer as president. Moon Jae-in will need both skillsets in dealing with a belligerent North Korea, distrustful China and saber-rattling US. Yet an even tougher task may prove
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By Lukman Otunuga, Research Analyst, FXTM The main event risk for Sterling on Thursday will be April’s UK retail sales report which will be vital in providing some insight over the behaviour of consumers amid Brexit developments. With wage growth lagging behind inflation, the sales data may come under scrutiny for any signs of
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Lebanon’s B2 government issuer rating with a negative outlook reflects the country’s resilient liquidity position, very high debt burden and deteriorating fiscal deficit, Moody’s Investors Service said in its annual report. “The appointment of a new cabinet and renewed reform momentum support growth and investor confidence, but they are unlikely to prevent a material
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The Cyprus-based recruitment specialists, GRS Group, established a new HR Consulting Division to service the ever increasing needs of clients requiring outsourced HR services. Complementing the recruitment and payroll services operated by group companies GRS Recruitment in Cyprus and Malta, and Fairfax Yeaman, this is a new area for Limassol-headquartered GRS and provides the Group
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EuroAsia Interconnector, the subsea cable that will connect the electricity grids of Israel, Greece and Cyprus, with the capability of selling surplus energy to western European markets, has been deemed as an integral part of Greece’s plans to transform the country into a regional electricity and telecom hub. The 1,520 km ‘electricity highway’
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By Lukman Otunuga, Research Analyst, FXTM A feeling of unease gripped the financial markets on Wednesday with investors shrinking away from riskier assets after political turmoil enveloped Donald Trump’s administration. Asian shares were mostly lower in early trading on Wednesday and bearish contagion has already contaminated European equities. With the latest bombshell developments in
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President Nicos Anastasiades hailed the continued growth of the Cypriot economy, which, he noted, exceeded all expectations and reached 3.3%. The economy expanded by an annual 3.3% on seasonally adjusted data, marking the highest quarterly growth since the financial crisis of 2013, according to a flash estimate released by the statistical service Cystat. In
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The government plans to “preserve and further develop” Cyprus’ role in international shipping, through measures and incentives, as the sector that accounts for about of 7% of national output awaits to get its first dedicated Under-Secretary for Shipping. “Shipping is a great asset for our country, a sector for which we have an international
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