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End of Confusion - Cyprus Has Only One Way Now - Forward!


News provided by

Prime Property Solutions P P LTD

10 Apr, 2013, 12:56 GMT

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LIMASSOL, Cyprus, April 10, 2013 /PRNewswire/ --

One story has dominated the news in recent weeks - the Cyprus banking crisis. Since the scandal emerged that banks under a Cyprus government deal with the International Monetary Fund (IMF) could attempt to withdraw up to 10% of your private finances, outrage and anguish was propelled across much of Europe as worried bankers naturally feared that governments across the globe could 'dip in' to private bank accounts. Now that the dust has settled, albeit slightly, on the scandal that rocked the European banking system even further, as Prime Property Group states, this small island only has one way to go - forward.

Cyprus is a fighting nation and is unlikely to spend any time maudlin in self-pity or sorrow but will be more inclined to emerge from the crisis with their heads held high and more resilient and determined than ever for the island of sunshine to return to its buoyant and happy former self.

The truth is that the Cyprus crisis has exposed the Eurozone's lack of financial stability. As the Financial Times states:

"Over the past three years the EU has shown a remarkable facility for turning problems into crises and crisis into catastrophes."

Whether or not the banking scandal has exposed fragile flaws in the Eurozone financial systems, Cyprus still remains a thoroughly beautiful place to both live and visit.

As the UK virtually comes to a standstill as freak March snowfalls and sub-zero temperatures grind much of the country to a halt, Cyprus bakes under a beautiful cloudless sky of blue and temperatures reaching a pleasantly warm mid-20s, causing the joyous signs of springtime, spring into life.  

Asides its enviable year-round climate of sunshine and warmth and insatiable thirst to optimistically cling on to the 'good things in life,' Cyprus boasts a truly unique heritage and culture.

From the Baths of Aphrodite in Polis to an imposing medieval fort that sits at the ends of the Paphos Harbour, from watching villagers making traditional Lefkara lace and filigree silver in Lefkara Village to being the habitat of more than 1800 species and subspecies of flowering plants, there is much more to Cyprus than merely being a nation beleaguered in debt and, as the Prime Property Group wisely says, the only way for Cyprus to go right now, is forward.

Prime Property Group is situated in the fascinating Cypriot city of Limassol and offers a wide variety of properties around Cyprus. As well as providing buyers with a comprehensive portfolio of stunning properties, Prime-Property provides a complete spectrum of what the real estate domain has to offer.

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