ALTHOUGH more than 4,000 ‘trapped buyers’ have applied for their Title Deeds under the provisions of the ‘hidden mortgage law‘, many have been discouraged from doing so by inaccurate statements posted on the Internet.
These statements, which claim that “property buyers in Cyprus that...
Cyprus Finance Minister Harris Georgiades
FINANCE Minister Harris Georgiades announced on Friday that Cyprus has completed the eighth review of its economic adjustment programme, but warned that reforms must continue to improve the island’s economic performance.
Mr Georgiades anticipates that the...
PARLIAMENT on Thursday gave the nod to a bill governing the sale of loans by banks to third parties – passage of which was a precondition for the release of the last aid tranche to Cyprus.
The item passed by 26 to 25 votes thanks to the ‘ayes’ from ruling DISY and opposition DIKO. Voting...
ALTHOUGH the “The Limitations Law (66(1) 2012)” came into force in the Republic of Cyprus on 1st July 2012, MPs voted in 2013 and again in 2014 to extend its transition period – and this transition period will now expire in less than two months on 31st December 2015.
The Limitations Law...
REPRESENTATIVES from the troika of Cyprus’ international lender are to start their eighth evaluation of the island’s economic adjustment programme today and are expected to remain on the island until 13th November.
Prior to the arrival of the troika delegation a senior official from the European...
