As forecast by the IMF the Cyprus economy is faltering  - Cyprus is officially in recession as other EU Countries, France & German announce that they are out of recession. The Cyprus Banking sector is slowing highlighting fears for the Property Development sector as house prices fall by 30%. Full story

Charles Charalambous wrote a long article in the Cyprus Mail.  Here is a popular snippet about a black list of those who bounce cheques in Cyprus.  Beware. A RECORD number of cheques totalling €2.1 million bounced in January and February, the Central Information Registry (CIR) has revealed. The value of the dishonoured cheques for the first two months of 2009 already represents 37 per ... Full story

By ALETHEA REYNOLDS  Copyright © Famagusta Gazette 2008 The Cyprus Electric Authority have introduced new ways for customers to settle their bills via the internet – this development means that expats who visit their home countries can pay online, without being in Cyprus. As of last week, the EAC introduced a special payment area at their own website as well as payment options on ... Full story

Editor’s Comment At the Cyprus Informer we like to see both sides of a story………………  An employee of the company writes on a public bulletin board or forum “the Registration number is: 482 and the Authorisation number is 314….”.  What the heck is going on?   The Mail On Sunday, Cyprus Buyers at risk, Cypriot police claim A court in Cyprus has seized 14 ... Full story

Coralo Hills, Paphos Coral Bay, Paphos, 11 August Many people in the Coral Bay area wondered what the low flying helicopter was up to on Monday. Here is the explanation and some photos of the daring aviator.    Deposits of dust and electrically conducting particles form on the insulators of high-voltage power lines can compromise the insulating power of the ceramic material of insulators and ... Full story