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26th April 2024
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Monthly Archives: November, 2010

Cyprus rating cut on banks’ Greece exposure

Rating agency Standard and Poor's downgraded Cyprus' sovereign credit rating by one notch and set the outlook as 'negative' as a result of increasing vulnerabilities in the Island’s banking system.

British developer shatters Cyprus retirement dreams

A British developer has left nothing but shattered dreams for people planning to retire in Cyprus. Adrian Mills promised luxurious homes in the sunshine but left his clients hundreds of thousands of pounds out of pocket.

The EU and the Cyprus property scandals

The Cyprus Property Action Group considers the implications of the EU Unfair Commercial Practices Directive on the property scandals taking place in Cyprus which, it believes, could have monumental implications.

ITV documents O’Dwyer case

An ITV crew was in Cyprus this week to record a segment for prime-time television show 'Homes From Hell' which investigates claims of "foreign retreats which started off as dreams and turned into nightmares".

Shots fired at British TV crew

Reports of shots being fired at a British TV crew in Cyprus, who have been on the Island investigating and filming a number of property scams, have appeared in the Greek language media.

Long queues at Paphos land registry

Despite the Cyprus Interior Minister Neoclis Sylikiotis promising additional resources to help clear the backlog of Title Deeds waiting to be issued, there are still long queues outside the Land Registry and other government offices in Paphos.

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