Cyprus-Forum.com

[Mr. T]

What colour do you think Cyprus is on this out-of-date one?

A more prosperous one than Turkey, Greece, or the puppet state!

Turkey's rate has improved with more improvement likely.

http://www.standardandpoors.com/ratings ... 5219876701

At this rate it would not be long before Turkey could be laughing at you.

Best to get there first and THEN laugh because so far Cyprus has been laughing at YOU!

You really do need specs. Both Cyprus are in green and both share downgrades since this map was created.

Sounds par for the course for Cyprus to laugh at a country with a triple A status because it thinks it lowly rating is better.

[Mr. T]

http://www.standardandpoors.com/ratings ... 5219876701

At this rate it would not be long before Turkey could be laughing at you.

Mr. Titch,

Have a look at these figures:

Entity Domestic Rating Foreign Rating T&C Assessment
Turkey (Republic of) BB+ BB BBB-
Cyprus (Republic of) A A AAA

http://www.standardandpoors.com/ratings ... Sovereigns

Right now I'm laughing at you.

I suppose if English is not your first language it may not be easy enough for you to understand from my posting that if in the future Turkey is going to laugh at Cyprus' ratings then their ratings must currently be worse than Cyprus', albeit that theirs are improving whereas Cyprus' are going down the pan.

If you now understand this you will be aware that I had already seen these figures and also that it would be unfair of me to smirk about you laughing in your ignorance.

Incidentally you do your credibility no favours by making up silly names but if you are still a school boy it is understandable.

[Get Real!]

You really do need specs. Both Cyprus are in green and both share downgrades since this map was created.

Sounds par for the course for Cyprus to laugh at a country with a triple A status because it thinks it lowly rating is better.

Look, I don't know what you're on about but if you think that Turkey's economy is healthier than that of Cyprus you’re insane!

[Mr. T]

You really do need specs. Both Cyprus are in green and both share downgrades since this map was created.

Sounds par for the course for Cyprus to laugh at a country with a triple A status because it thinks it lowly rating is better.

Look, I don't know what you're on about but if you think that Turkey's economy is healthier than that of Cyprus you’re insane!

Where have I said that?

Showing that one economy is going downhill and the other improving is completely different and should be easy to understand.

Please get those specs.

[kurupetos]

You really do need specs. Both Cyprus are in green and both share downgrades since this map was created.

Sounds par for the course for Cyprus to laugh at a country with a triple A status because it thinks it lowly rating is better.

Look, I don't know what you're on about but if you think that Turkey's economy is healthier than that of Cyprus you’re insane!

Where have I said that?

Showing that one economy is going downhill and the other improving is completely different and should be easy to understand.

Please get those specs.

I forgot them in your wife's bedside table. Can you send them to me?

[Get Real!]

You really do need specs. Both Cyprus are in green and both share downgrades since this map was created.

Sounds par for the course for Cyprus to laugh at a country with a triple A status because it thinks it lowly rating is better.

Look, I don't know what you're on about but if you think that Turkey's economy is healthier than that of Cyprus you’re insane!

Where have I said that?

Showing that one economy is going downhill and the other improving is completely different and should be easy to understand.

Please get those specs.

Going downhill? Save that term for Turkey in 2011.

[Lit]

Cyprus retail sector shows further signs of recovery in September

Furniture sales on the rise again

November 25, 2010

Advertisement

Retail trade in Cyprus continued its recovery in September, according to provisional figures from the Statistical Service, as the volume index rose by 2.5% compared with September 2009.
Compared with the previous month, the index rose by 0.9%.
One positive sign is that big ticket items are on the rise again.
Sales of electrical goods and furniture jumped compared with the year earlier by 9.2% in September, having already risen by 7.4% in August.
Sales of computer equipment and books also had a strong start to the academic year, rising by 10.1% from 9.8% in August.
For the period January-September the volume index rose by a provisional 0.1%, owing to the contraction in sales earlier in the year.
Revised data for August show that in January-August 2010 the volume index recorded a decrease of 0.2% compared to the corresponding period of 2009.
Meanwhile, the value index is provisionally estimated to have risen by 2.7% over the year earlier in January-September 2010.
In September alone, the value index rose by 8.2% compared with September 2009.

Fiona Mullen
Sapienta Economics Ltd

http://www.financialmirror.com/News/Cyp ... News/21899

[Mr. T]

You really do need specs. Both Cyprus are in green and both share downgrades since this map was created.

Sounds par for the course for Cyprus to laugh at a country with a triple A status because it thinks it lowly rating is better.

Look, I don't know what you're on about but if you think that Turkey's economy is healthier than that of Cyprus you’re insane!

Where have I said that?

Showing that one economy is going downhill and the other improving is completely different and should be easy to understand.

Please get those specs.

I forgot them in your wife's bedside table. Can you send them to me?

So you are a necrophiliac.
That is no surprise.

[Mr. T]

Cyprus retail sector shows further signs of recovery in September

Furniture sales on the rise again

November 25, 2010

Advertisement

Retail trade in Cyprus continued its recovery in September, according to provisional figures from the Statistical Service, as the volume index rose by 2.5% compared with September 2009.
Compared with the previous month, the index rose by 0.9%.
One positive sign is that big ticket items are on the rise again.
Sales of electrical goods and furniture jumped compared with the year earlier by 9.2% in September, having already risen by 7.4% in August.
Sales of computer equipment and books also had a strong start to the academic year, rising by 10.1% from 9.8% in August.
For the period January-September the volume index rose by a provisional 0.1%, owing to the contraction in sales earlier in the year.
Revised data for August show that in January-August 2010 the volume index recorded a decrease of 0.2% compared to the corresponding period of 2009.
Meanwhile, the value index is provisionally estimated to have risen by 2.7% over the year earlier in January-September 2010.
In September alone, the value index rose by 8.2% compared with September 2009.

Fiona Mullen
Sapienta Economics Ltd

http://www.financialmirror.com/News/Cyp ... News/21899

Well that is alright then.

Obviously such dramatic provisional facts can't have been know to S & P.

Have you though of letting them know? Surely they will then have to give Cyprus a AAAAA+ rating with bells on it.

[Mr. T]

DESPITE improved growth forecasts, the island’s economy could be looking at a further downgrading unless immediate action is taken to clean up state finances, Central Bank director Athanasios Orphanides said yesterday.

“A delay in taking such measures poses one of the greatest dangers facing our economy at this moment,” he warned.

He was speaking to reporters after a presentation of the Central Bank’s macroeconomic forecasts for the period up to 2012, where Orphanides painted a gloomy picture for the future of the economy.

The outspoken Central Bank chief flat-out dismissed the notion of raising taxes now, saying this would neither help restrain the rising cost of living nor improve public finances in the long run.