EFFORTS to push through legislation to protect primary residences took an unexpected turn today when the Parliamentary Legal Committee decided to postpone discussion of the proposed bill.
The Committee met this morning to add amendments to the bill proposed by opposition AKEL and EDEK, which were...
BATTLE lines were being drawn yesterday for Monday’s discussion at the House on the draft bill to protect primary residences from foreclosure, which MPs want to send to the plenum on Thursday.
Accusations flew between the government and opposition parties, and between those parties in favour of...
PENDING applications at the land registry department to issue Title Deeds for properties with final approval have been reduced to around 20,000 and the aim is to cut them down to 2,000, a senior official said yesterday.
Land registry deputy director Vasos Petrides told the Cyprus News Agency that...
CYPRUS abolished maximum daily cash withdrawal limits from bank accounts on Friday, a year after it imposed capital controls to prevent economic meltdown and a flight of cash under the terms of a painful international bailout.
In a decree issued by the finance ministry, the €300 limit per person...
ACCORDING to the latest data from the Central Bank of Cyprus, non-performing loans at the end of January rose to €26.5 billion.
The Central Bank reports that non-performing loans with the commercial banks have reached 40.85% and the co-ops 47.47% of their total loan portfolios, while four of ten...
