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16th April 2024
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Yearly Archives: 2014

Legal Matters

Land Registry defies court judgement

Nigel Howarth -
The Famagusta Land Registry office may find itself in contempt of court after refusing to implement a court order for Specific Performance instructing it to transfer a property to its rightful owners.
Articles

Revised Memorandum of Understanding full text

Nigel Howarth -
Available here - the revised Memorandum of Understanding (MoU) between Cyprus and its international lenders following the troika's fourth assessment of the island's adjustment programme.
News

Banks need tools to pressurise delinquent borrowers

Editorial -
The banks need the means to pressurize obstinate and viable borrowers into servicing their loans; average borrowers and homebuyers should not be their primary targets, says Cyprus Finance Minister.
News

Immovable Property Tax reform a priority

Editorial -
The government must bring before the Parliament a bill reforming Immovable Property Tax legislation and another one introducing the Guaranteed Minimum Income before the end of June.
News

Hourican calls for change in the law

Editorial -
John Hourican has called for a change in the law concerning the collection and recovery of non-performing loans to assist the bank and help it return to normal operations and profitability.
News

Immovable Property Tax will be less in 2014

Editorial -
Owners of property in Cyprus will be asked to pay less Immovable Property Tax this year as many more properties have been included the island's Interior Minister Socratis Hasikos has stated.

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