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Britain keeping watch on Cyprus title deeds fiasco

BRITAIN will take a close interest in measures taken by the Cyprus government to sort out the problems of property buyers left without their title deeds, a written answer to the House of Lords has said. Two questions were placed before the Lords last November detailing the concerns of some property buyers worried about the […]

British property buyers come one step closer

Over recent months thousands of buyers caught in the Title Deed trap have been signing petitions, and writing to their MPs and MEPs in efforts to get the British Government and the EU to intercede with the Cyprus government on their behalf.

Cyprus government to sell state property

IT EMERGED today that the Cyprus government is considering selling state property and issuing bonds to raise the €200 million it owes to the Social Security Fund. Once the debt has been cleared the Fund should grow to create a reserve of more than €1 billion in the next five years. One luminary in the […]

Cyprus MEP Marios Matsakis demands Title Deeds action

PUTTING further pressure on the Government of Cyprus to resolve the “Title Deeds-cum-fraud mess”, Cypriot MEP Marios Matsakis has written to the Interior Minister demanding that the Cyprus Government takes urgent action to resolve the situation. Marios Matsakis is a well known personality in Cyprus. He is a politician and a Member of the European […]

High rise apartments in Cyprus?

PAPHOS, the popular tourist town on the west coast of Cyprus, could soon see dramatic changes in its skyline if proposals for high rise buildings in the town are given the go ahead by government. The mayor of the Paphos, Savvas Vergas, is reported to be examining ways of saving space as the town grows […]

Cyprus turning into a desert

CYPRUS is running the risk of becoming a desert by the end of the century as it faces the onslaught of climate change and drought warned Professor Manfred Lange – director of the Cyprus Institute’s Energy, Environment and Water Research Centre. In a discussion held yesterday, Professor Lange said that studies project a rise in […]

Floating desalination plant coming to Limassol

FOLLOWING yesterday’s news that a desalination plant was under construction in the Kouklia area of Paphos, it has just been announced that the Cyprus Ministry of Agriculture plans to build a floating desalination plant off the Germasogia coast at Limassol. Throughout the past summer Limassol, which is on the south coast of Cyprus, was totally […]

Cyprus desalination plant gets underway

PLANS for a further three desalination plants in Cyprus have got underway. Earlier this week the Athens Mesogios company started construction work on one of the plants in the Kouklia area of Paphos, which is a few miles to the south of the popular tourist destination. The company has been given seven months to complete […]

Cyprus and MacAnthony Realty International (MRI)

Ending speculation on various trade and investor blogs, the new CEO of MRI Overseas Property, Dominic Pickering, has outlined the company’s plans to focus on construction in 2009.

Protest over plans for Cyprus golf courses

ENVIRONMENTALISTS staged a demo yesterday outside the Cyprus Commerce Ministry to protest against the construction of more golf courses, even as within the building government officials hatched new plans for the project, which many doubt will reboot the island’s stalled tourism sector. The government aims to build another 14 golf courses in addition to the […]

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