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19th April 2024
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Yearly Archives: 2015

Insolvency helpline

Members of the public requiring information about the new insolvency laws may ask a question and leave their number by calling 22 460033; a telephone helpline set up by EVROKO, the European Party.

Foreclosures legislation effective from Friday

The Cyprus parliament has passed the regulations controlling property foreclosures; the law will come into effect tomorrow, smoothing the path for the resumption of bailout loan payments.

MPs focus on foreclosure regulations

Cypriot MPs are continuing their discussions on the rules regulating the auctioning of properties that will enable the new repossession laws, which were passed in April, to come into force.

Positive review from the troika

A joint statement released by the troika of Cyprus' international lenders (EC, ECB and IMF) at the conclusion of their latest mission to Cyprus welcomed the continued progress being made.

Troika to conclude review today

The troika of Cyprus' international lenders comprising the EC, the ECB and the IMF should conclude their sixth review of the island's Economic Adjustment Programme today; a revised MoU is anticipated.

Aristo boss denies fraud

Theodoros Aristodimou, the founder and managing director of Aristo Developers and former Chairman of the Bank of Cyprus, denied defrauding the state during his testimony at the Paphos Criminal Court.

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