According to comprehensive news from WorldWay: The economic attachés of Cyprus and Greece in China stated in Beijing on September 24 that the economies of both countries are gradually reversing the downturn, with most major economic indicators improving. They hope that Chinese investors will enhance their confidence and invest in both countries.
Ouyang Lu, the economic attaché of Cyprus in China, stated that since the outbreak of the European sovereign debt crisis, the Cypriot economy has faced significant challenges, and the banking sector has also received international rescue plans. With the Cypriot government actively implementing crisis response measures, various economic data have begun to improve, and positive growth is expected to resume in 2015. Against this macroeconomic backdrop, a survey of multinational companies operating in Cyprus shows that foreign investors' confidence in the country's economic prospects is increasing, with nearly half of the surveyed companies indicating they will expand their domestic operations in Cyprus over the next 3 to 5 years. Ouyang Lu expressed that China and Cyprus have maintained good bilateral economic and trade relations and hopes that more Chinese investors will understand the attractive investment policies in Cyprus.
Emmanuel, the economic and commercial attaché of Greece in China, stated that the Greek government has taken a series of effective measures over the past few years, and the country's economy is now back on the path of recovery. Not only has the country returned to the international market to publicly issue government bonds, but the proportion of the fiscal deficit to GDP is also significantly decreasing. Emmanuel said that behind every crisis lies investment opportunities, and many property projects in Greece offer high value for money, making it a great choice to invest in Greece now.
Emmanuel's views align with those of Greek Prime Minister Samaras, who pointed out earlier this month that after six consecutive years of recession, the Greek economy is emerging from the crisis and is expected to resume growth in the third quarter of this year. Samaras also mentioned that in the next four months, the government will announce detailed tax reform and structural reform plans, introduce more privatization projects, and reduce the heating oil tax by 30% while lowering property taxes.
As a leading institution in European property investment immigration, WorldWay has established strategic partnerships with top developers in all European immigration countries, possessing unique advantages in property resources. All property prices are fully transparent, with numerous well-known developers' projects and ample available properties, aimed at helping investors find satisfactory real estate.
Edited by WorldWay
