sale and rental
During an official visit to Cyprus on 16th – 17th July 2015 the European Commissioner Jean-Claude Juncker commented on the great progress that had been made in Cyprus since March 2013 and the improvements that had taken place. With the economy growing and stabilization in the financial area, investment funds could begin to flow in from the European Commission’s Investment Plan for Europe, also known as the Juncker Plan, which is due to start operations in September. He acknowledged the important role both the Cypriot leadership and the Cypriot people had played in the recovery process leading to the totally different picture the island presented today despite the many difficulties of implementing the recovery programme. He said that despite the instability and conflict in many neighbouring countries that this modern stable Cyprus, with its European values and ideals, stood out as an example in the complexity of the surrounding region, and represented the front line of the European Union (E.U.). This brings considerable responsibilities as well as advantages in dealing with these situations he commented. Other countries in the region are riven with wars, religious and ethnic strife, and the mass exodus of refugees escaping from conflict zones.
A Cyprus that is within Europe, stable and prosperous need fear nothing, Mr Juncker stated. Commenting on the recent discovery of off-shore energy sources he voiced the opinion that these could be used to promote unity and bridge building whilst the regained stability and growth in Cyprus can act to inspire others.
On the subject of reunification Mr Juncker was upbeat. Having met the two leaders, he believes that the ingredients for a successful agreement are in place. Despite the fact that the process could face some difficulties, he urged that the word “compromise” should not be taken in a negative way. It is a fact of everyday life in negotiations within the European Union. A win-win solution that benefits not only all Cypriots but Europe as a whole is something he will make every effort to promote.
Should reunification come about there will be great benefits to the economy of Cyprus with an upswing in the property market both commercial and domestic, making this a great time to invest in property whilst the buyer’s market conditions prevail.
Sources: www.goldnews.com.cy, https://en.wikipedia.org.
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