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Cyprus is planning its first sale of long-dated government debt since the financial crisis that left the island in need of a EUR 10bn bailout.
According to one Cypriot official, the country plans to raise about €1.5bn before the end of the year as stimulus measures from the European Central Bank and economic recovery spurs renewed investor interest, pushing down the country’s borrowing rate.
The sale planned is a benchmark, 10-year bond. Two years ago, Cyprus suffered a banking collapse that resulted in capital controls, the unexpected imposition of losses on depositors and rescue funding by international creditors. Read More
“Hot” money in excess of €2, 5 billion flowed in state funds until today of the naturalization programs which are implemented by 2013.
According to the government programmes, the state provides Cypriot citizenship to foreign and big investors when they have deposited in the banks deposits of €5 million, buying stocks and bonds or buying real estate by € 300,000 after ensuring they have income in abroad and they do not work in the island.
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Orient and Pacific Vietnam cordially invite you to “Vietnamese Entrepreneur Lunch Seminar” in
— Ho Chi Minh City:
- Time: 10:30 on Tuesday, 17th November 2015
- Venue: Park Hyatt Sai Gon
No. 2 Cong Truong Lam son, Ben Nghe Ward, District 1, Ho Chi Minh City
- Attendee: registered guests via Orient & Pacific Vietnam
— Ha Noi: Read More
Generating over €2 billion in the space of two years, foreign investment in return for Cypriot citizenship has become a lucrative money spinner for Cyprus. Managing Director of Henley & Partners Cyprus Ltd, Yiannos Trisokkas, explains to the Cyprus Weekly why
