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Taxman may raid bank accounts

The Cyprus government is considering allowing the taxman to raid bank accounts to recover unpaid debts in a move very similar to the changes announced in the recent UK budget.

Bailiffs fail to seize ministers’ cars

Court bailiffs have been unsuccessful in their attempt to confiscate the cars of the Finance and Commerce ministers as they acted on court writs to seize government property to pay state debts.

Vehicles seized in land payment row

Bizarre events unfolded in Paphos on Tuesday when bailiffs seized several state-owned vehicles on behalf of landowners who have not been paid for land that the state expropriated in 2006.

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