Alpha Panareti protesters at the NEC in Birmingham
THE COMMERCE Ministry’s Competition and Consumer Protection Service (CCPS) has deemed the terms of a contract signed between land developers Alpha Panareti Public Ltd and a Scottish individual over the sale of a one-bedroom flat abusive, following...
Kings Avenue Mall (Paphos)
THE arrest last week of property developer Theodoros Aristodemou sent shockwaves through the island’s business community and may signal that a clique of businessmen with the ‘right connections’ once considered to be immune from prosecution may now be vulnerable....
FOLLOWING an eight hour session at the Paphos District Court yesterday, the judge remanded all four defendants in a case involving alleged fraud in the division of a number of plots in Paphos pending a ruling today.
Theodoros Aristodemou, the founder and managing director of Aristo Developers and...
NON-PERFORMING loans (NPLs), the bane of the Cypriot banking system, continued to rise in July, recording an increase of approximately €130 million by the end of the month, compared with the previous month of June, according to data released yesterday by the Central Bank of Cyprus (CBC).
The data...
INVESTIGATORS, looking into the near economic collapse of Cyprus, are scrutinising the terms and provisions of loans given to members or their relatives of the Boards of Directors of Cooperative institutions and Banks to ascertain whether anybody is accountable for the dire economic situation the...
