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29th March 2024
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Monthly Archives: July, 2015

Troika turns up the heat on Title Deeds

Cyprus will not receive the next tranche of the bailout loan from the troika until it enacts legislation to protect those home buyers who have paid for their properties but have not received Title Deeds.

Construction activity worst in Europe

Construction activity in Cyprus suffered the biggest decline in production year-on-year in Europe during the first quarter of 2015 according to statistics published in yesterday's Eurostat newsrelease.

Who is parliament trying to protect?

We have to ask the question who is the Cyprus parliament trying to protect following the decision of the House Finance Committee not to put the 'hidden mortgages' bill before a plenary meeting of the House.

Pissouri report this month

Home owners living in the Limnes (lakes) area of Pissouri met yesterday to hear what progress was being made to resolve the land slippage problem causing structural damage to their properties.

September vote on hidden mortgages bill

A vote on the 'hidden mortgages' bill designed to resolve the mess of those who have paid for their property but cannot get its Title Deed because it was mortgaged by the developer will take place in September.

Troika starts seventh review

The troika of Cyprus' international lenders started its seventh review of the island's economic adjustment programme yesterday with the repossession of mortgaged properties high on its agenda.

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