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Monthly Archives: November, 2013

News

Central Bank issues stark warning on foreclosures

Nigel Howarth -
The Central Bank of Cyprus has issued a stark warning to banks to change their attitudes towards borrowers in efforts to prevent the seizure and subsequent sale of primary residences.
Investment

Standard & Poor’s raises Cyprus rating as risks recede

Editorial -
Ratings agency Standard & Poor's has provided a welcome boost to the island's economy by raising its credit rating for Cyprus to B-/B from CCC plus/C arguing that the immediate risks to Cyprus' austerity program had receded.
Legal Matters

Title Deeds issued at last for Froiber Group buyers

Press Release -
Liquidators appointed to handle six of the eight companies comprising the Froiber Group has completed the work necessary to get Title Deeds issued for eight apartment buildings; efforts are concentrated on the rest.
Articles

Title Deeds, Mr Anastasiades

Editorial -
Nothing will happen to resolve the Title Deed fiasco unless President Anastasiades grasps the importance of this problem which, with the exception of various vacuous promised, his predecessors have ignored.
News

UK to assist Cyprus on title deed delays

Editorial -
The Cyprus government has accepted an offer by the UK to assist in efforts to resolve the title deed and numerous property issues faced by home buyers of all nationalities in Cyprus.
News

Developers listed on leaked memo of risky loans

Editorial -
A number of property developers, including the Leptos Group, the Dolphin Group and the Shacolas Group were amongst the companies listed in an alleged leaked memo from the BoC as having 'risky' loans.

Top Stories

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