Investments

Those who have been investing in Cyprus in recent years have been enjoying a number of advantageous circumstances. The long-term attractions of sunshine and sea, the frequent speaking of English and a rich cultural heritage are all perennials. The development of new facilities for visitors, the growth of the economy and latterly the accession of the country to the European Union and then the eurozone have all boosted the industry.

Right now, however, the economy has inevitably taken something of a hit, due to the economic suffering of the country’s trading partners inside the eurozone and beyond.

Speaking this week, Central Bank governor Athanasios Orphanides said that while this year’s economic growth rate will be around 3.7 per cent, it will be down to two per cent next year. While this is the sort of figure most countries would be delighted with right now, the fall will have a significant effect on the country, Mr Orphanides noted. In particular, he suggested, the worst impact would be on the tourism and construction sectors.

Very interesting read about Cyprus and its real estate sector and opportunities - it appears that Cyprus may be a very good bet for even near future real estate investors - read the full article here.

Real Estate Investment Cyprus, Investment, Real Estate Investment

Until recently, green investment funds were mostly a niche for individual investors. But now investing with the idea of improving the environmental actions of corporations, not just maximizing profit, is catching on among some big pension funds and foundations, particularly in Europe and even in the United States.

And the article goes on to suggest :

Among the leaders are the Norwegian Government Pension Fund-Global; ABP, the huge Dutch government pension fund; and the pension fund of the British Environment Agency. In the United States, the California State Teachers’ Retirement Fund, one of the largest pension funds in the United States, is one of the few American funds that has become a green investor.

Read the full story on NY Times

Alternative investments Green investment funds, Investment