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All reports tagged with: "Cyprus"

Limited progress on resolving NPLs

The International Monetary Fund (IMF) noted that Cyprus had made little progress on resolving non-performing loans in its mission’s concluding statement following its recent official visit.

Cyprus house prices rise 0.6 per cent

The Cyprus house price index (HPI) rose by 0.6 per cent in the second quarter of 2018 and by 1.2 per cent on an annual basis according to a preliminary estimate by the Cyprus Statistical Service (CYSTAT).

ETEK call to rehome Pissouri families

The Scientific and Technical Chamber of Cyprus (ETEK) has called on the Government to rehome the families in Pissouri whose homes suffered considerable damage by the on-going landslide.

Flood of foreclosure letters

Phileleftheros reports that during the second quarter of 2018 banks sent almost double the number of letters warning borrowers that they intend to foreclose compared to the first quarter.

Money laundering assessment

Cyprus is to undergo a money laundering assessment from a Council of Europe committee comprising a group of experts from Moneyval following negative reports in the international media.

UK nationals’ residency rights post-Brexit

The Cyprus Interior Ministry has published a document explaining the residency rights for UK nationals and their family members following the Brexit withdrawal agreement between the EU and the UK.

Leptos wins appeal to build next to Coral Bay

Cyprus property development company Leptos Estates has won an appeal to build next to the blue-flagged Coral Bay beach in Paphos; plans include the construction of 22 villas and services.

Proposals to modernise rent laws

Legislation proposed by Cypriot MPs aims to overhaul and modernise outdated rent legislation and make procedures more effective when tenants fail to meet their contractual obligations.

Owners of destroyed homes in Pissouri on BBC

Owners of devastated properties in the lakes (Limnes) area of Pissouri featured on the BBC One programme ‘Inside Out South’ broadcast on Monday 24th September 2018 at 19:30 (UK time)..

The Cyprus swimming pool nightmare

Taking criminal proceedings against owners and Management Committees who fail to comply with the swimming pool law and regulations will damage the Cypriot economy – especially tourism.

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