The Best Cyprus Community

Skip to content


Is the doom and gloom the same in Cyprus??

Feel free to talk about anything that you want.
Post a reply

Is the doom and gloom the same in Cyprus??

Postby Z4 » Wed Oct 29, 2008 9:43 pm

The UK is full of doom and gloom and we are heading for a serious recession. Companies are making major cut backs and not spending, consumers are not spending and there are several companies about to go under. (many companies have already closed)

Has the doom and gloom spread to Cyprus or is it just the UK that is finding it really tough at the moment?
User avatar
Z4
Main Contributor
Main Contributor
 
Posts: 4770
Joined: Sat May 10, 2008 9:53 pm
Location: Pissouri........of course!
Top

Postby anna-sh » Wed Oct 29, 2008 9:58 pm

with the c**p wages they pay here it`s always doom & gloom :!: :evil:
anna-sh
Contributor
Contributor
 
Posts: 214
Joined: Sat Sep 20, 2008 1:39 pm
Location: cyprus
Top

Postby Z4 » Wed Oct 29, 2008 10:05 pm

anna-sh wrote:with the c**p wages they pay here it`s always doom & gloom :!: :evil:


But are companies still trading with each other? It seems like everyone has stopped over here.

The wages in CY are cr*p your right but the cost of living and interest rates (loans) are very low compared to over here.

Are you seeing companies/businesses go under?
User avatar
Z4
Main Contributor
Main Contributor
 
Posts: 4770
Joined: Sat May 10, 2008 9:53 pm
Location: Pissouri........of course!
Top

Postby DANGAMAN » Wed Oct 29, 2008 10:08 pm

Not at present, however this will catch up with us soon, maybe after 6-8 months when no tourists will be visiting.
User avatar
DANGAMAN
Regular Contributor
Regular Contributor
 
Posts: 1167
Joined: Fri Oct 05, 2007 2:38 pm
Location: Larnaca
Top

Postby Z4 » Wed Oct 29, 2008 10:12 pm

Do 'they' expect this to happen next year then DANGAMAN?
User avatar
Z4
Main Contributor
Main Contributor
 
Posts: 4770
Joined: Sat May 10, 2008 9:53 pm
Location: Pissouri........of course!
Top

Postby MACKAM1955 » Wed Oct 29, 2008 10:45 pm

Hey Z4 mate read Another One Bites The Dust that may give you a clue.
User avatar
MACKAM1955
Contributor
Contributor
 
Posts: 268
Joined: Wed May 18, 2005 6:48 pm
Location: Cyprus
Top

Postby DANGAMAN » Wed Oct 29, 2008 10:48 pm

Z4 wrote:Do 'they' expect this to happen next year then DANGAMAN?


Just think about it... If people are loosing their jobs around the world, I'm sure they cant afford a holiday... some of which may have been to Cyprus.

The main income to the Cyprus economy is tourism... this global issue doesn't make it any better.

I am sure a 7 year old child could have figured that out!!!
User avatar
DANGAMAN
Regular Contributor
Regular Contributor
 
Posts: 1167
Joined: Fri Oct 05, 2007 2:38 pm
Location: Larnaca
Top

Postby cyfo » Wed Oct 29, 2008 11:59 pm

cyprus land for sale that what saved cyprus economic
User avatar
cyfo
Contributor
Contributor
 
Posts: 308
Joined: Mon Jan 16, 2006 9:43 pm
Location: LARNACA
Top

Postby Bubble 'n' squeak » Thu Oct 30, 2008 12:18 am

cyfo wrote:cyprus land for sale that what saved cyprus economic


It will effect Cyprus in the long run, I dont think anywhere will escape the recession, there will definitely be a knock on effect. :(
Last edited by Bubble 'n' squeak on Thu Oct 30, 2008 12:21 am, edited 1 time in total.
User avatar
Bubble 'n' squeak
Main Contributor
Main Contributor
 
Posts: 7533
Joined: Sat Jul 05, 2008 7:19 pm
Top

Postby Z4 » Thu Oct 30, 2008 12:20 am

The awful state of the UK will have effect on several countries. including CY.

The sale of land may well have done good things for the economy to date but the money will run out, then what? Sell some more?
User avatar
Z4
Main Contributor
Main Contributor
 
Posts: 4770
Joined: Sat May 10, 2008 9:53 pm
Location: Pissouri........of course!
Top
Next
Post a reply

Return to General Chat

Who is online

Users browsing this forum: No registered users and 1 guest

cron
© 2002 - 2015 Cyprus-Forum.com
powered by phpbb
Cyprus Forum RSS Feed Cyprus Forum Atom Feed