THE NEWLY published Cyprus Real Estate Dynamics report by Ernst & Young Cyprus Ltd (EY) provides a valuable analysis of the many factors that are currently affecting the Cyprus property market.
The twelve page report draws data from a number of sources, including the Department of Lands and...
ON A RECENT visit, the Troikans were quite appalled to find out the glacial speed with which the Lands and Surveys Department issued Title Deeds.
They were discussing the privatisation of the Cyprus Ports Authority, examining its assets and discovered that the Authority had no Title Deeds for the...
THE government has made a number of bridging proposals to the troika of international lenders on the issue of guarantors to bad debt, which forms part of the fifth and final bill of the so-called insolvency package.
It is hoped the international creditors will green-light the provisions so that the...
EUROGROUP president Jeroen Dijsselbloem, who chaired yesterday’s Eurogroup meeting, said that the suspension of the foreclosures law by opposition parties was a hurdle to the Cyprus bailout programme.
“The foreclosure framework is the hurdle right now. This framework is needed to let banks clean...
THE SUSPENSION of the implementation of the foreclosures legislation by opposition MPs caused a rift between Cyprus and its Troika of international lenders resulting in the suspension of further bailout loan tranches until the matter had been resolved.
Opposition MPs voted to suspend implementation...
