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  • Opposition delays NPL & Co-op bills

    Opposition delays NPL & Co-op bills

    Opposition parties have rejected a request by the Cyprus government to urgently discuss five bills concerning the management of non-performing loans (NPLs) and the takeover of the Co-op by the Hellenic bank...
  • Cabinet approves NPL reduction bills

    Cabinet approves NPL reduction bills

    Four bills and regulations that will significantly improve the way non-performing loans (NPLs) are dealt with and provide for incentives, penalties and e-auctions were approved by the Cabinet on Thursday...
  • Limassol high rents protest

    Limassol high rents protest

    Hundreds of mainly young people carrying banners and slogans staged a protest in Limassol against the large increases in rents for homes and apartments, which makes it almost impossible to rent...
  • Glimmer of hope for Pissouri homeowners

    Glimmer of hope for Pissouri homeowners

    There appears to be a glimmer of hope for homeowners affected by the devastating land slippage in the Limnes (lakes) area of Pissouri; they are hopeful that a solution may soon be found...
  • Limassol high-rise development damaged flats

    Limassol high-rise development damaged flats

    Residents who claim that vibration caused by the construction of a high-rise development in Limassol has damaged their block of nearby flats have been given 15 days to evacuate the building...
  • Cyprus cooperative bank investigation (Update)

    Cyprus cooperative bank investigation (Update)

    The situation in which the Cyprus Cooperative Bank now finds itself is to be investigated by a committee appointed by attorney general Costas Clerides amid allegations of mismanagement...
  • Non-performing loan laws inefficient

    Non-performing loan laws inefficient

    The legal frameworks introduced by Cyprus aimed at reducing non-performing loans (NPLs) are inefficient according to the European Stability Mechanism (ESM) in its annual report...
  • Rent scam suspects detained in Limassol

    Rent scam suspects detained in Limassol

    Two suspects in Limassol have been remanded in custody for four days on suspicion of operating a rent scam following complaints from tenants who'd been paying €800/month for the last four months...

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