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  • Aristo investigation widens (Update)

    Aristo investigation widens (Update)

    The police investigation into the activities of Theodoros Aristodemou, the founder and managing director of Aristo Properties, has widened to probe other developments built by the company.

  • Next bailout tranche withheld

    Next bailout tranche withheld

    Cyprus will not receive the next tranche the €10 billion bailout from the troika of international lenders until it complies with the MoU regarding foreclosures and insolvency legislation.

  • EC rejects foreclosures laws

    EC rejects foreclosures laws

    The foreclosures laws passed by the Cyprus parliament last Saturday are incompatible with the requirements of the Memorandum of Understanding (MoU), according to a European Commission spokesman.

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