Archives: 2009   March

Bounced cheques in Cyprus

Money money moneyCharles Charalambous wrote a long article in the Cyprus Mail.  Here is a popular snippet about a black list of those who bounce cheques in Cyprus.  Beware.

A RECORD number of cheques totalling €2.1 million bounced in January and February, the Central Information Registry (CIR) has revealed.

The value of the dishonoured cheques for the first two months of 2009 already represents 37 per cent of the total for the whole of 2008, which was €5.6 million. The number of dishonoured cheques registered with the CIR in the first two months of this year represents 27 per cent of last year’s total.

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Posted in Cyprus News on Mar 12th, 2009, 9:13 am by The Editor     

Planet Cyprus News – a round up of cyprus news

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If you are interested in reading a well presented round up of daily news relating to Cyprus as well as broadly based items on cyprus financial news then this new web site is well worth bookmarking and keeping this in your favourites.

There are also direct links to Cyprus Food.  And very nice recipes they are; with photos. 

Go to http://planetcyprus.info

In addition there is a direct link to a video stream of daily tv news from CYBC together with other videos about Cyprus.

The news desk updates the round up daily.  Well worth a visit.

Cyprus Property Help & Advice Centre™ ® ©
The Black Art of Buying Property in Cyprus™ ®
The Cyprus Informer™ ® ©
http://cyprusinformer.eu Read the full article...
Posted in Cyprus News on Mar 5th, 2009, 12:57 pm by The Editor     

Cyprus Tourism – Sterling vs Euro – What real people are saying

Paphos Harbour, CyprusThere have been articles in the press recently about the effect that the fall in sterling has had on those who have chosen to emigrate to Cyprus especially where they are getting income in sterling and living in euros. The 30% fall in value has caused belts to be tightened and in some cases real hardship. The Editor has a friend who still works for a Cyprus based estate agent and the comments are “they just drive by on the way to the airport leaving the keys to the house just saying rent it out for what you can or sell it !!”  From the volume of whole house contents sales in the classifieds this report is born out too well.  So what are real people saying about the prospects for Cyprus tourism this year.  Here are just a few snippets.  You soon get the flavour which is not too hard to guess and some examples of why.

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Posted in Cyprus News on Mar 2nd, 2009, 1:46 pm by The Editor     

Cyprus Property Title Deeds – Update

cyprus mail 2When will the Government of the Republic of Cyprus realise that sorting out the issue of title deeds will stimulate the ailing building sector? Property buyers should not have to wait years for title deeds after completing payment for their property. Neither should they bear the real risk of the insolvency of a property developer causing the title deeds to be seized by a bank or other creditors including the Government of the Republic of Cyprus for unpaid taxes etc.,

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Posted in Cyprus News on Mar 2nd, 2009, 12:49 pm by The Editor