Another Eurozone country goes bust

Hector


Joined: 26/08/2008
Posts: 2352

Message Posted:
31/10/2011 09:29

http://feedproxy.google.com/~r/CyprusPropertyNewsStories/~3/XEg3PobY37g/id=009490?utm_source=feedburner&utm_medium=email

wynyardman



Joined: 15/12/2007
Posts: 4580

Message Posted:
31/10/2011 09:42

Interesting read Hector. God only knows where this lot is going to end.



wyn

spangles


Joined: 22/10/2008
Posts: 411

Message Posted:
31/10/2011 09:58

Good article Hector but will they change the system?

Hector


Joined: 26/08/2008
Posts: 2352

Message Posted:
31/10/2011 10:27

Highly unlikely. Just as the bubble finally bursts, no doubt the politicians will come out with some blurb about tackling the issue hoping it will go away.

martinD41


Joined: 06/09/2010
Posts: 3001

Message Posted:
31/10/2011 11:32

http://www.news.cyprus-property-buyers.com/2008/11/07/credit-crunch-hits-property-market/id=00585

Hector


Joined: 26/08/2008
Posts: 2352

Message Posted:
31/10/2011 14:10

A little old that article, 2008, although I don't think the situation has improved.



I'm just wondering if the problem is the same for the banks in the north, hence the banks now trying to recoup some of their losses by auctioning off properties they have lent money on.

spider


Joined: 03/01/2009
Posts: 5527

Message Posted:
31/10/2011 14:19

Love the way they say all in Kahoots with each other !







Spider,X