FUNDAMENTAL reforms are planned to Cyprus’ time consuming and complex procedures involved with the licensing and control of building development, according to a recent announcement by the Interior Ministry.
The Ministry is working with the Austrian Finance Ministry to develop proposals and...
ALPHA BANK Cyprus has been hit with an administrative fine of €250,000 by the Cyprus Consumer and Protection Service (CCPS) for its business practices relating to mortgage contracts.
‘Low cost’ Swiss franc loans were sold to around 11,000 of home buyers, both Cypriots and non-Cypriots, by...
Cyprus іѕ оnе оf the most рорulаr tourist dеѕtіnаtіоnѕ аnd Pарhоѕ; the саріtаl city оf Cурruѕ іnvіtеѕ thousands оf vіѕіtоrѕ throughout thе year. Whеn you are planning уоur nеxt vасаtіоn аnd want to go to a place thаt оffеrѕ bеаutіful ѕаndу...
IN SPITE of this year’s generous 75% tax cut on property, a significant number of large property owners (those with properties valued above €500,000 in 1980 prices) have not paid their Immovable Property Tax.
Debts to the government are small compared to previous years. However, 345 large...
THE PROBLEM of non-performing loans is complicated and despite the progress made it will not soon or easily be resolved, the Governor of Central Bank of Cyprus Chrystalla Georghadji has said.
She was speaking before the parliamentary Committee on Institutions.
Georghadji said that some banks have...
