Latest Headlines

All reports tagged with: "row"

Stalemate over bad loan guarantors

Amidst alleged claims that Cyprus politicians may be protecting larger businesses, disagreements have arisen between the government and the troika over the treatment of bad loan guarantors.

Lawsuits filed against banks

SYMEA, a trade union established earlier this year intends to block the repossession of mortgaged properties by taking local banking institutions to court according to its president Andreas Alambritis.

Construction workers strike

Workers in the island’s ailing construction industry are taking part in a 48 hour strike in efforts to protect their jobs from cheap labour, while cement makers warn that a strike may deal a death blow to the industry.

Building industry warns of action over new VAT law

The island’s Employers and Industrialists Federation has called for the immediate abolition of the new VAT law, warning that failure to do so will lead to the construction industry taking “dynamic measures”

Standard & Poor’s downgrades Cyprus to junk status

Ratings agency Standard & Poor’s has cut the credit ratings of Cyprus by two notches to junk status as a result of the problems within the eurozone and the Cypriot financial institutions’ significant exposure to Greece.

Minister and opposition in row over Title Deed bills

A row between the Cyprus Interior Minister Neoclis Sylikiotis and opposition party DISY has broken out over delays in the long-awaited Title Deed bill amendments.

Row brewing over the Cyprus property price index

A row is brewing over the future of the Cyprus property price index. According to latest reports, RICS Cyprus has entered the fray and is planning to produce a regular property index starting in January 2010.

Back to top