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INDUSTRY ‘MUST ADDRESS PSYCHOLOGICAL DAMAGE’ E-mail
Written by www.opp.org.uk   

International buyers have become mistrustful of the industry in the wake of the economic crisis, according to business leaders at the latest OPP Roundtable. The discussion, which took place in London last month, concluded that there was a greater need for transparency in order to restore buyers’ faith in developers and agents.

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Official: Cyprus is in recession E-mail
Written by Nassos Stylianou   
THE CYPRIOT economy is now officially in recession, following a 0.5 per cent contraction in the three months to June, its second consecutive negative reading for GDP, data showed yesterday.
Coupled with figures for the first quarter, which showed gross domestic product to have shrank 0.6 per cent quarter-on-quarter in the first three months of the year, negative growth in the second quarter means that the widely accepted definition of a recession – two consecutive quarters of negative economic growth – has been met.
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UK EX-PATS HAPPY DESPITE RECESSION E-mail
Written by www.opp.org.uk   

Nine out of ten UK ex-pats are happy with their decision to move abroad, according to a new study.
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UK "Expatriates" Not worried E-mail
Written by www.opp.org.uk   

British ex-pats feel better prepared for the recession than if they had stayed in the UK, according to new research ProACT can reveal, courtesy of www.opp.org.uk

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