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All reports tagged with: "Cyprus government"

Property tax revenues crash

The Cyprus Government coffers are in dire trouble as a result of the crash in property sales which has caused Capital Gains Tax receipts to plummet by more than 83%.

EU questions Cyprus over property issues

The European Commission has given its assurance that it will take the necessary measures if Cyprus has infringed EU law.

How much pressure before Cyprus acts?

Property buyers are getting increasingly worried and angry at the lack of progress being made by the Cyprus Government to resolve the ‘Title Deeds-cum-fraud mess’.

Cyprus Title Deeds: Miliband waits for action

British Foreign Secretary David Miliband and Chancellor Alistair Darling have been in communication regarding the ongoing Cyprus Title Deed saga

UK Govt taking keen interest in Cyprus property issues

Britain is taking a very close interest in the progress being made by the Cyprus government to resolve the “Title Deeds-cum-fraud mess”.

Cyprus given wake up call by European Parliament

The Cyprus government has been given a wake up call by a recent decision of the European Parliament’s campaigning Petitions Committee.

Cyprus government revenues cut by property market crisis

The unprecedented crisis in the Cyprus property market and the problems faced by businesses have pushed government revenues down sharply.

Government resolved to speed up golf course construction

EAGER to boost a weakened construction sector, the Cyprus government is trying to speed up the process of issuing licences for golf courses and the housing projects that accompany them. The details of this ‘speed-up plan’ are currently before the Minister of Commerce Antonis Pashalides, ahead of a decision by the Council of Ministers. For […]

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 […]

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