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28th March 2024
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Monthly Archives: July, 2011

Ministry of Interior planning amnesty announcement

The Ministry of Interior has recently made the following announcement concerning the submission of applications under the recently announced Planning Amnesty laws.

Second agency cuts Cyprus credit rating

Following the announcement by Moody's on Wednesday, Standard & Poor's became the second agency to cut Cyprus' rating this week citing the government's indecision in introducing substantial consolidation measures.

Moody’s downgrades Marfin and Bank of Cyprus

In the wake of yesterday's announcement that Moody's had downgraded Government bond ratings, the ratings agency has downgraded the deposit and debt ratings of the Marfin Popular Bank and the Bank of Cyprus.

EC asked to rule on unfair commercial practices

The Island's property laws and consumers’ rights are about to come under the scrutiny of the European Commission following a written question to the European Parliament by Irish MEP Seán Kelly.

Bar Association’s Disciplinary Board in the dock

Reports of "crooked" lawyers, particularly in Paphos, are widespread; but what hope is there for justice when the Bar Association's Disciplinary Board appears unable to address complaints in a timely manner?

Monagroulli angel comes down to earth

Plans to build a record-breaking 135 metre high statue of an angel at Monagroulli on the Island's southern coast will not be approved unless the height of the statue is reduced to be consistent with the broader character of Cyprus.

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