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  • Cyprus justice subverted by corruption

    Cyprus justice subverted by corruption

    Former ECHR judge has charged that corruption has crept into the Cyprus justice system casting doubt over certain decisions; the judiciary is lacking knowledge, impartiality, and self-awareness.

  • Alpha Bank Cyprus fined (update)

    Alpha Bank Cyprus fined (update)

    Alpha Bank Cyprus has been fined a quarter of a million Euros by the Office of Competition and Consumer Protection (CCPS) following its investigation into the company’s business practices.

  • Falling home prices

    Falling home prices

    The Cyprus Central Bank has reported that home prices continued to fall during the second quarter of 2016 by an average of 0.6 per cent for houses and 0.2 per cent for apartments.

  • More Recent Reports

  • Tender process launched for Larnaca marina

    Tender process launched for Larnaca marina

    The long-awaited Larnaca marina and port project took a step forward in the week with a request for submissions of interest for the construction of the 1,000 berth marina and port facilities...
  • Fundamental planning reforms

    Fundamental planning reforms

    Fundamental reforms are underway to rationalise, accelerate and simplify the time consuming and complex procedures involved with the licensing and control of building development in Cyprus...
  • Property tax unpaid by many large owners

    Property tax unpaid by many large owners

    Approximately half of all property owners whose properties are valued in excess of half a million Euros at 1980 prices have not paid their property tax analysis of the Tax Department data shows...

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