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Monthly Archives: May, 2015

News

Draft loan sales bills leaked

Angelos Anastasiou -
Details of the draft legislation designed to facilitate the sale of bank loans (one of the pre-conditions for Cyprus to receive the next tranche of the bailout loan) has been leaked to the media.
News

Troika approves bailout programme

Press Release -
The latest review of Cyprus' bailout programme has been successfully concluded, the EC, ECB and the IMF said in a press release yesterday, paving the way for Cyprus to take part in the ECB's quantitative easing programme.
News

Insolvency helpline

Editorial -
Members of the public requiring information about the new insolvency laws may ask a question and leave their number by calling 22 460033; a telephone helpline set up by EVROKO, the European Party.
News

Foreclosures legislation effective from Friday

Elias Hazou -
The Cyprus parliament has passed the regulations controlling property foreclosures; the law will come into effect tomorrow, smoothing the path for the resumption of bailout loan payments.
News

MPs focus on foreclosure regulations

Elias Hazou -
Cypriot MPs are continuing their discussions on the rules regulating the auctioning of properties that will enable the new repossession laws, which were passed in April, to come into force.
News

Positive review from the troika

Nigel Howarth -
A joint statement released by the troika of Cyprus' international lenders (EC, ECB and IMF) at the conclusion of their latest mission to Cyprus welcomed the continued progress being made.

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