Grant Thornton Cyprus

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Cyprus News Round Up

FBME Bank                 Photo ©

01 September 2014

1. Cyprus parties continue deliberations ahead of a meeting of the parliamentary Committees of Financial and Budgetary Affairs and Internal Affairs on Tuesday in a bid to achieve convergences on amendments to a crucial bill on foreclosures of mortgage property, set as a precondition for the next disbursement of the Cypriot €10 billion bailout. The Secretariats of the two Committees are codifying the proposed amendments to be discussed by the parties tomorrow at a closed meeting, a few days before the vote in the House`s plenary on Friday.

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 Latest Breaking UK News

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European Drug Companies Head To Visit Cyprus To Help With National Health Service

Cyprus Hospital                Photo ©

01 September 2014

EFPIA Director General to visit Cyprus

European Federation of Pharmaceutical Industries and Associations (EFPIA) Director General Richard Bergström visits Cyprus, on Thursday, to discuss with government officials the implementation of a new National Health System (NHS) and pharmaceutical products.

You may read the article here

British Government Plans To Confiscate British Terrorists Passports

British Passport                      Photo ©

02 September 2014

New powers are needed to seize terrorist suspects' passports and stop British-born extremists from returning to the UK, David Cameron has said.

It was "abhorrent" British citizens had "declared their allegiance" to groups like Islamic State, he told MPs.

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Cyprus Expat Interview With The Mayor Of Limassol

Mr Andreas Christou, the Mayor of Limassol                  Photo ©

02 September 2014

We sent one of our reporters to interview the Mayor of Limassol Mr Andreas Christou

Q. The Limassol Marina, for us has been a resounding success. This has to be one of the major landmarks in Cyprus. What do you think will happen, if and when, the new Larnaca Marina will open? Will it have an impact on the Limassol Marina, and if so, in which way?

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Moving To Cyprus - Finding Accommodation

Information for Cyprus Expats on finding accommodation in Cyprus

Cyprus Apartments   Photo ©

You can find a residence to rent or purchase by searching through the local specialist press (Greek-language and English-language) and websites. Estate agents are also a good source.
In general, the prices of houses and apartments for purchase and rent have dropped significantly in 2013 due to the economic crisis. Rentals and purchase prices vary for many reasons, such as region, district, distance from an urban centre, building index, etc. Before choosing to buy or rent an apartment or property, it is a good idea to research prices, the area, and other factors that are relevant to your circumstances.

You may read the article here