The Best Cyprus Community

Skip to content


Finally some good news on the Cyprus economy

Feel free to talk about anything that you want.

Re: Finally some good news on the Cyprus economy

Postby Get Real! » Sat Nov 07, 2015 8:46 pm

GreekIslandGirl wrote:Some super-intelligent analyst once told me that Cyprus was 'allowed' to get rich post 1974 so that people would settle comfortably and not rise up against the enforced division and make a stink that no one was driving the Turks out.

I explained elsewhere today how Cypriots made it post 74.
User avatar
Get Real!
Forum Addict
Forum Addict
 
Posts: 40392
Joined: Mon Feb 26, 2007 12:25 am
Location: Nicosia

Re: Finally some good news on the Cyprus economy

Postby Tim Drayton » Tue Nov 10, 2015 6:08 pm

The good news is still coming thick and fast:

Building permits rise 17% in terms of construction area, Cystat says
http://cyprusbusinessmail.com/?p=17297

Yields drop to record low as government sells €40m in 30-day t-bills
http://cyprusbusinessmail.com/?p=17291
User avatar
Tim Drayton
Main Contributor
Main Contributor
 
Posts: 8226
Joined: Sat Jul 21, 2007 1:32 am
Location: Limassol/Lemesos

Re: Finally some good news on the Cyprus economy

Postby Tim Drayton » Wed Nov 11, 2015 5:17 pm

And a couple more today.

Bad cheques in decline, Central Bank of Cyprus says
http://cyprusbusinessmail.com/?p=17365

Ayia Napa hotels extend season
http://cyprus-mail.com/2015/11/10/ayia- ... nd-season/
User avatar
Tim Drayton
Main Contributor
Main Contributor
 
Posts: 8226
Joined: Sat Jul 21, 2007 1:32 am
Location: Limassol/Lemesos

Re: Finally some good news on the Cyprus economy

Postby Tim Drayton » Mon Aug 01, 2016 5:31 pm

From a Moody’s report in which it has upgraded Cyprus’ banks:

"After five years of losses, we expect banks in Cyprus to be profitable in 2016 and foresee a modest 0.3 per cent – 0.5 per cent return on assets,” said Melina Skouridou, an Assistant Vice President at Moody’s and author of the report. “Cyprus’ accelerating economic recovery, driven by a revival of tourism, the strengthening business services sector and increased consumer spending, will support momentum in banks’ loan restructurings and generate some new business for the banks."


http://cyprusbusinessmail.com/?p=30317
User avatar
Tim Drayton
Main Contributor
Main Contributor
 
Posts: 8226
Joined: Sat Jul 21, 2007 1:32 am
Location: Limassol/Lemesos

Previous

Return to General Chat

Who is online

Users browsing this forum: No registered users and 2 guests