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Monthly Archives: October, 2014

News

Four foreclosure bills unconstitutional

Editorial -
The Cyprus Supreme Court has ruled that four of the six bills voted by parliament on 6th September that limited the effect of the foreclosure bill on low-income groups are unconstitutional.
News

IPT payment deadline extended

Editorial -
The deadline for paying Immovable Property Tax (IPT) has been extended until 31st December and taxpayers will receive a 15 per cent discount if they pay before 30th November.
News

Aristo trial postponed

Editorial -
The trial of Theodoros Aristodemou, the founder and MD of Aristo Developers Limited and former Chairman of the Board of Directors of the Bank of Cyprus, and others has been postponed.
News

Cyprus mortgage scam

Nigel Howarth -
A question on the Cyprus mortgage scam has been raised in the European Parliament by Jonathan Arnott MEP, for the North East England region for the United Kingdom Independence Party.
News

IPT payment extension anticipated

Editorial -
EDEK MP, Nicos Nicolaides, has proposed that the deadline for paying Immovable Property Tax (IPT) is extended until 31st December and that the early payment discount is extended by a month.
Investment

Standard & Poor’s raises Cyprus credit rating

Nigel Howarth -
Ratings agency Standard & Poor's has raised Cyprus long-term ratings to 'B+' and affirmed the short-term foreign and local currency ratings at 'B' on strong budgetary performance; the outlook is stable.

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