Too much doom and gloom surrounding Orams?

Moover321


Joined: 11/04/2009
Posts: 649

Message Posted:
06/05/2009 22:31

There's too much doom and gloom surrounding this case.



1. The island is still divided and will remain so until a 'political' solution is found - be that a possible reunification or a probable federal '2 state' solution.



2. The case has to be heard again at the Court of Appeal in London may be in September or October this year.



3. The judgement which is likely to uphold the ruling of the ECJ then has to be enforced which could lead to an appeal to the House of Lords.



4. Of course if you have assets in any of the EU member states or even in the ETA (including Switzerland et al) there may be an issue. Each case still has to be brought to the courts and the merits evaluated.



5. This case is a shot across the bows of those who have invested or have contemplated investing and of course can affect Israeli or Russian as much as anyone else if they have assets in the EU.







Continued....

Moover321


Joined: 11/04/2009
Posts: 649

Message Posted:
06/05/2009 22:32

Continued 2....



6. The ROC cannot take each and every purchaser to court, nor will they. It is purely a political move to increase the pressure on the TRNC government to arrive at a resolution of the problem.



7. The 'Cyprus Problem' is more of a political impasse with economic consequences then an economic problem with political consequences. It can therefore only be logically resolved in the political arena.



8. Those who have bought or invested in TRNC should live in the moment, enjoy the homes and the lifestyle they chose. Many things can happen tomorrow but there is no gurantee of a tomorrow!



9. The only three certainties in life are death, tax and continuous change. The first we cannot do much about, the second we can employ our intelligence and wit to work through and the last we should learn to embrace.



In the short run we may have problems but they are simply challenges and in the long run.....well, we all know in the long run we are dead!

Lemtich



Joined: 15/02/2007
Posts: 1487

Message Posted:
06/05/2009 22:39

Are you saying that since you gave up hope you have felt much better?



Lem

andy-f


Joined: 03/05/2009
Posts: 1256

Message Posted:
06/05/2009 22:40

well said cant argue with any of above

Moover321


Joined: 11/04/2009
Posts: 649

Message Posted:
06/05/2009 23:01

When I said 'in the long run we are dead..' I meant each and everyone one of us on this planet not those in TRNC.



To be honest, I am an optimist and I sincerely believe at some point there will be a solution. There always is...we simply have to live long enough to witness it!