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All reports tagged with: "government"

Ongoing contempt for property purchasers

In a letter to the Sunday Mail a regular commenter wonders what it will take for the Island to clean up its act regarding property purchasers being duped by the nefarious practices of developers, lawyers and banks.

Major improvements to Cyprus town planning

Plans to overhaul of the Cyprus Town Planning and Housing department to support the social and economic development of the Island have been announced by Interior Minister Neoklis Sylikiotis.

Concrete workers set to strike on Monday

An indefinite strike by the Cyprus Ready Mixed Concrete Association is planned to start tomorrow following a decision taken at an extraordinary general meeting last Thursday.

Time for a property commissioner

It is time for a property commissioner to be established in Cyprus with executive powers to push the relevant government departments to enact much-delayed property laws.

Tax hikes to cut budget deficit

The Cyprus Finance Ministry has proposed taxes on banks, companies, properties and basic consumer goods to plug a €150 million hole and keep the budget deficit for 2011 within the limits set by the European Union.

Experts air views on Cyprus property tax

In co-operation with RICS Cyprus, the Cyprus International Institute of Management (CIIM) held an event last Monday on the subject of property tax against a backdrop of the government’s decision to revise the property tax system in Cyprus.

Cyprus legal system has reached crisis point

Legal professionals in Cyprus warn that if changes are not made soon, the courts will be failing in their most basic function, to deliver timely justice.

Cyprus refugees to get Title Deeds

The government is trying to secure Title Deeds for all refugees living in government-built estates, including those on Turkish Cypriot land, a top official said on Thursday.

Property taxes to raise 80 – 100 million Euros next year

Charilaos Stavrakis, the Cyprus Finance Minister has presented a package of measures which include raising 80 to 100 million Euros from taxes on property next year as part of the Government’s overall plans to get the Cyprus economy back on track.

Tax revenues slump, deficit increases

According to reports, Cyprus tax revenues slumped during January – November 2009 and the fiscal deficit increased to more than 3% of the island’s Gross Domestic Product, which means total losses during the period exceed €500 million.

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