financial crisis

Lately, things have been looking pretty grim in Cyprus from the explosion that has left much of Cyprus without power to the depressed housing market.  The explosion has highlighted the inferiority of the infrastructure of Cyprus and kind of makes the housing market appears as a non-factor in the overall picture despite the fact that it is the worst we have ever seen. In Paphos, the statistics show that...

January 5th seemed like the beginning of the new business year as all of a sudden we got an influx of potential buyers. After almost complete silence during the weeks leading up to Christmas and afterward, I was happy to start getting back into the swing of things again.  The business was not as slow as last year, but slow enough to make me consider how bad the housing crisis will affect Cyprus. All...

This financial crisis is sweeping across the globe and it is becoming clear that most continents will be affected in one way or another. It is fair to say that we are already experiencing a downturn in the economy here in Cyprus. The extent of what will happen will surely shake things up and just about everyone will feel it in their pockets, bank accounts, and retirement accounts. Certain areas and...