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Monthly Archives: November, 2016

Legal Matters

Cyprus justice subverted by corruption

George Psyllides -
Former ECHR judge has charged that corruption has crept into the Cyprus justice system casting doubt over certain decisions; the judiciary is lacking knowledge, impartiality, and self-awareness.
Marinas

Tender process launched for Larnaca marina

Angelos Anastasiou -
The long-awaited Larnaca marina and port project took a step forward in the week with a request for submissions of interest for the construction of the 1,000 berth marina and port facilities.
Investment

ECB argues ‘bad banks’ could reduce NPLs

Reuters News Agency -
The European Central Bank made the case on Tuesday for having state-backed 'bad banks' buy part of the 1 trillion euros of non-performing loans (NPLs) that are curbing lending and economic growth in parts of the euro zone.
Investment

Slump in Brits buying homes in Europe

Reuters News Agency -
Britons buying homes abroad have fallen by a quarter compared to a year ago since the EU referendum said Moneycorp's chief executive Mark Horgan in an interview with Reuters news agency.
Articles

How far have Cyprus property prices fallen?

Fiona Mullen -
In light of the various Cyprus property price indexes that abound at the moment, the director of Sapienta Economics Ltd Fiona Mullen asks the question how far have Cyprus property prices fallen?
Legal Matters

Cyprus urged to implement mortgage directive

Nigel Howarth -
The European Commission (EC) has given Cyprus and eight other EU member states two months to implement the regulations of the European Union on mortgages if they want to avoid going to the European Court of Justice.

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