All reports tagged with: "European Union"

Marfin Popular and Bank of Cyprus to face CEBS tests

Marfin Popular and Bank of Cyprus to face CEBS tests

The Marfin Popular Bank and the Bank of Cyprus will be part of an EU-wide stress testing exercise to be undertaken by the CEBS (Committee of European Banking Supervisors) before the end of the month.

Title Deed law changes delayed

Title Deed law changes delayed

The Cyprus government has been unsuccessful in its attempt to introduce the five bills designed to accelerate the issue of Title Deeds by the end of the parliamentary session. Talks on their substance will continue after the summer recess.

Legal system and property rights under EU scrutiny

Legal system and property rights under EU scrutiny

Once again, the Cyprus legal system and consumers’ property rights are about to come under the scrutiny of the European Union following a written question to the European Parliament raised by Scottish MEP Alyn Smith.

Is Cyprus in danger of misleading the EU?

Is Cyprus in danger of misleading the EU?

In its answers to questions posed to it by the European Union, the Cyprus Government could be in danger of misleading the EU into believing that the Cypriot authorities have taken substantial and effective measures to resolve the Title Deed problems.

The Loch Ness monster in Cyprus

The Loch Ness monster in Cyprus

The new proposals for the Cyprus laws governing estate agents designed to bring them in line with the Acquis Communautaire are a monster in the making according to Antonis Loizou FRICS.

New EU anti-fraud and corruption system launched

New EU anti-fraud and corruption system launched

Following a Eurobarometer report saying that corruption in Cyprus is a national problem comes news of a new EU anti-fraud and corruption reporting system

Cyprus changes estate agents law following EU inquiry

Cyprus changes estate agents law following EU inquiry

Following a European Union inquiry into the Cyprus laws governing estate agents, the Interior Ministry has submitted a new draft law to Parliament to bring it into line with the Acquis Communautaire.

Reactions to the Orams ruling

Reactions to the Orams ruling

In the past few days the Cyprus press has reported comments and reactions to the Court of Appeal’s ruling on the Orams case, which has far-reaching implications for those living in the divided island.

Property market report for Cyprus

Property market report for Cyprus

Falling property sales, which are down by 52% this year compared to last, are impacting employment levels, the inflow of revenue to state coffers, and the island’s economic well being.

EU acts against Cyprus over estate agent curbs

EU acts against Cyprus over estate agent curbs

Brussels considers that Cyprus’ estate agents law that imposes conditions on the professional requirements of estate agents from other EU member states is incompatible with European rules.

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