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19th March 2024
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Monthly Archives: December, 2010

Call to reform the property tax system

George Strovolides, president of the Cyprus Property Owners' Association , urged the government to reform the property tax system tax during the association’s annual general meeting.

Will UK govt help Brits caught in Cyprus scams?

Will the UK government be prepared to step in and help Brits in Cyprus who have been caught in property scams by repeating the initiative it has shown in Spain by its intervention to help expats caught in the Spanish property scams?

Are we being deceived by EC reply to Cyprus question?

EC Vice-President Ms Viviane Reding has replied to Daniel Hannan’s question concerning developer mortgages in Cyprus. However, the answer she gives fails to answer the question asked and I wonder if someone is trying to deceive the European Commission?

Central Bank real estate price index

In its December Economic Bulletin, the Central Bank of Cyprus presented the results of the Real Estate Price Index it prepared in collaboration with domestic monetary and financial institutions.

Cyprus tax loses rose to 626 million Euros in 2009

A report by the Island's Auditor-general, Chrystalla Georghadji, show that Cyprus lost revenues amounting to 626 million Euros in 2009.

Furious Paralimni residents still await electric supply

Residents of a block of flats in Paralimni, a coastal town in the south east of Cyprus, who are without electricity are furious that their developer has built an illegal electricity substation in one of their garages to supply another building.

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