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MEPs support Cyprus' entry into eurozone

Members of the European parliament have announced their support for Cyprus' accession to the eurozone – a move which may be of benefit to potential property investors. Cyprus intends to adopt the euro...

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Cyprus property market boosted by euro

The Cyprus property market is expected to experience a boom following an announcement by the EU that it will adopt the euro in 2008. Currency specialist HiFX said that the country's economy was already...

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Cyprus' euro move 'to boost property interest'

Cyprus ' decision to enter the euro next year will prove to be a fillip for property investment prospects, it has been claimed. Foreign currency specialist HiFX has made the prediction after it was...

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Britons advised on Cyprus currency change

People from the UK have been advised to prepare for the forthcoming currency change in Cyprus . The Mediterranean island is set to enter the euro on January 1st 2008 - nearly four years after its...

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Cyprus reassures euro doubters

Cyprus' central bank is issuing material designed to reassure those with doubts over its forthcoming currency change. The organisation is working with the ministry of finance in order to promote the...

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Cyprus' Euro Membership is 'Momentous'

European commission president Jose Manuel Barroso has outlined the significance of Cyprus' entry into the eurozone. Commenting after the currency changeover, he said the island had taken a "momentous...

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Cypriots Praised For Welcoming The Euro

People in Cyprus have been praised for their positive approach to the recent currency changeover. EU monetary affairs commissioner Joaquin Almunia congratulated the island's population for giving the...

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Low Interest Rates Tempt Investors to Cyprus

Interest rate cuts in Cyprus could serve to attract more foreign property buyers to the country, a newspaper has stated. Cyprus became a member of the single European currency at the beginning of the...

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ECB praises Cyprus population

The population of Cyprus has been praised by the European Central Bank (ECB) for coping well with the currency changeover. People on the Mediterranean island were said to have responded positively to...

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Euro entry attracts investors to Cyprus

Cyprus has become more popular with foreign property buyers as a result of its recent currency changeover, analysts have stated. The Mediterranean island became a member of the single European currency...

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Cypriot authorities praised for euro transition

Authorities in Cyprus have been praised for their handling of the recent change in currency. The European commission (EC) commended the island for ensuring the transition to the euro went smoothly and...

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Briton hails move to Cyprus

A retired Briton has told a newspaper why he has decided to leave the country and relocate to Cyprus . Speaking to the Financial Times, 68-year-old Andy Leck said the Mediterranean island offers a...

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