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Cyprus pricing itself out of the market

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Cyprus pricing itself out of the market

Postby mickandy » Fri Jan 02, 2009 3:37 pm

I hired a car from a hire company at Christmas in Cyprus. The Manager is a good friend of ours, We have used his company for 7 years and given them loads of business. Through friends visiting Cyprus.
I have just Hired a Mercedes in London through one of the Big Companies. It works out at 1.05 Euros a day more than a Pajero in Cyprus.
Cyprus needs to forget the Cyprus Pound and join the real world or suffer the consequenses this Summer
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Re: Cyprus pricing itself out of the market

Postby Tim Drayton » Fri Jan 02, 2009 5:07 pm

mickandy wrote:I hired a car from a hire company at Christmas in Cyprus. The Manager is a good friend of ours, We have used his company for 7 years and given them loads of business. Through friends visiting Cyprus.
I have just Hired a Mercedes in London through one of the Big Companies. It works out at 1.05 Euros a day more than a Pajero in Cyprus.
Cyprus needs to forget the Cyprus Pound and join the real world or suffer the consequenses this Summer


Looks like somebody else needs to join the real world . Cyprus forgot the Cyprus Pound precisely one year and one day ago.
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Postby Get Real! » Fri Jan 02, 2009 5:09 pm

Some Pajeros are more expensive than some Mercedes models... :lol:
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Postby Raymanoff » Fri Jan 02, 2009 6:15 pm

I think its other way around, your pride led you to economical meltdown... will sterling ever recover?
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Postby Z4 » Sat Jan 03, 2009 9:33 pm

Raymanoff wrote:I think its other way around, your pride led you to economical meltdown... will sterling ever recover?


no!
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Postby Raymanoff » Sat Jan 03, 2009 10:55 pm

exactly, and now this is affecting us all... i have a 80% drop in UK projects just because i am too expensive now... although i even lowered my rates.
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Postby Z4 » Sat Jan 03, 2009 11:22 pm

The only to escape the crunch is living on a deserted island!
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Postby RichardB » Sun Jan 04, 2009 7:06 pm

I'm fed up of hearing Cyprus ,Spain, or wherever is pricing itself out of the market. Prices in Cyprus have not risen a great deal over the last few years in comparison with the UK

Its the weak sterling that is pricing Brits out of the market

eg This time last year it was 1.2 pounds sterling =1 euro

5 years ago it was around 1.6 euro per pound sterling

Its now 1 for 1

We (The Brits) had the opportunity to go in at 1.58 approx 5 years ago and turned down the chance cos we didn't want to lose our pound (LOL)

Then again the Brits know best.....
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Postby miltiades » Sun Jan 04, 2009 8:06 pm

RichardB wrote:I'm fed up of hearing Cyprus ,Spain, or wherever is pricing itself out of the market. Prices in Cyprus have not risen a great deal over the last few years in comparison with the UK

Its the weak sterling that is pricing Brits out of the market

eg This time last year it was 1.2 pounds sterling =1 euro

5 years ago it was around 1.6 euro per pound sterling

Its now 1 for 1

We (The Brits) had the opportunity to go in at 1.58 approx 5 years ago and turned down the chance cos we didn't want to lose our pound (LOL)

Then again the Brits know best.....

Lat year Jan 4th 08 , the official rate was 1.33 see link
http://www.xe.com/ict/

The small minded little Englander who doesn't want to lose his.... sovereignty !!! hate the Euro because the trashy Sun and Mail tell him so.
They still beleive that we were right in not joining the Euro !!
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Postby RichardB » Sun Jan 04, 2009 9:35 pm

miltiades wrote:
RichardB wrote:I'm fed up of hearing Cyprus ,Spain, or wherever is pricing itself out of the market. Prices in Cyprus have not risen a great deal over the last few years in comparison with the UK

Its the weak sterling that is pricing Brits out of the market

eg This time last year it was 1.2 pounds sterling =1 euro

5 years ago it was around 1.6 euro per pound sterling

Its now 1 for 1

We (The Brits) had the opportunity to go in at 1.58 approx 5 years ago and turned down the chance cos we didn't want to lose our pound (LOL)

Then again the Brits know best.....

Lat year Jan 4th 08 , the official rate was 1.33 see link
http://www.xe.com/ict/

The small minded little Englander who doesn't want to lose his.... sovereignty !!! hate the Euro because the trashy Sun and Mail tell him so.
They still beleive that we were right in not joining the Euro !!


I stand corrected miltiades.

I know it was around the 1.2 mark in April when I last came over

Your other comments are spot on
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