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Eurozone warns Greece no cash till full reform deal

http://blog.onlineproperties.eu/index.php/finance/item/131-eurozone-warns-greece-no-cash-till-full-reform-deal

Eurozone warns Greece no cash till full reform deal. Eurozone finance ministers delivered a stark warning to Greece on Friday that its leftist government will get no more aid until it agrees a complete economic reform plan, as Athens lurches closer to bankruptcy. After a tough morning of talks with Greek Finance Minister Yanis Varoufakis, the chairman of the Eurogroup of finance ministers, Jeroen Dijsselbloem, slammed the door on a request for early cash in return for partial reforms. European Central Ba...

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Europe dampens Greek hopes of swift deal as clock ticks (Updated)

http://blog.onlineproperties.eu/index.php/finance/item/136-europe-dampens-greek-hopes-of-swift-deal-as-clock-ticks-updated

Europe dampens Greek hopes of swift deal as clock ticks (Updated). European lenders on Tuesday played down Greek hopes of a swift end to negotiations on an aid agreement and warned talks must speed up before the country runs out of cash. A sober outlook from Brussels and Berlin contrasted sharply with vigorous optimism displayed in Athens, where top officials from the new leftist government made a series of public appearances to promise a deal was just days away. After a meeting in Berlin, the leaders of...

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Villas at Limassol Marina now ready

http://blog.onlineproperties.eu/index.php/market-trends/item/128-villas-at-limassol-marina-now-ready

Villas at Limassol Marina now ready. Residents will also be able to step out of their villa and onto the sand, with full use of a beach. With or without a boat, they will be able to enjoy a home quite literally on the sea . Applications for residency on the rise. Primary residence protection bill by end-March. How many properties without Title Deeds? BLOG COMMENTS POWERED BY DISQUS. Foreclosure bill protects primary residences. Cyprus property falls in price for Brits, as pound hits 22-month high. Euro;5...

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TIPS & ADVICE

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EU citizens review your Cyprus wills. THE FOLLOWING article by the law firm of L.G. Zambartas LLC explains the implications of the recent changes to the Cyprus Wills and Succession law and the introduction of an EU regulation and the [ . Guidelines on restructuring loans. THE DEBTORS ASSOCIATION on Monday published guidelines advising borrowers of their rights and what steps they can take when being squeezed by the banks. The detailed, step-by-step list of guidelines c [ . Keeping warm this winter. You’d...

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OPulse Admin

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Post's of OPulse Admin. ICC ruling cannot stop FBME liquidation, says CBC. THE Arbitral Tribunal of the International Chamber of Commerce may have ruled to allow the conditional access of FBME Bank’s owners to the lender’s premises, but it denied their request for the immediate cessation of all actions toward its liquidation, the Central Bank of Cyprus said in a statement on Friday. Last December, the CBC revoked its banking licence, and ordered its liquidation. On April 25, Messrs Farid and Fadi Saab fi...

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Property sales increase in March

http://blog.onlineproperties.eu/index.php/market-trends/item/134-property-sales-increase-in-march

Property sales increase in March. Properties sold in Cyprus in March increased by 31% compared with March 2014 with sales improving in all districts except for Famagusta. A total of 452 contracts for the sale of commercial and residential properties and plots of land were deposited at Land Registry offices across Cyprus during March, recording an increase of 31% compared to the 344 contracts deposited during the same period in 2014. Applications for residency on the rise. BLOG COMMENTS POWERED BY DISQUS.

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Cyprus preparing for €1bln bond issue

http://blog.onlineproperties.eu/index.php/finance/item/132-cyprus-preparing-for-1bln-bond-issue

Cyprus preparing for 1bln bond issue. Cyprus is preparing its second bond issue in less than a year in an effort to rebuild its finances following a bailout of its banking system in 2013. The country has hired a group of banks to arrange a call with investors, according to reports on Monday. A yield in the lower 4% area was suggested for the planned bond which will mature in May 2022. The country is likely to attract solid demand for a new bond, particularly while investors are starved of yields from Eur...

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National Council meeting called to focus on disputed property issue

http://trends.onlineproperties.eu/index.php/market-trends/item/153-national-council-meeting-called-to-focus-on-disputed-property-issue

National Council meeting called to focus on disputed property issue. President Nicos Anastasiades plans to call a National Council meeting immediately after the summer break, government spokesman Nicos Christodoulides said on Monday as outrage continued in the political sphere over the property issue. The spokesman was referring to an agreement reached last week between Anastasiades and Turkish Cypriot leader Mustafa Akinci that the rights of all property owners, and current users, would be respected und...