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26th April 2024
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Yearly Archives: 2017

Legal Matters

New obstacle to solving Title Deeds mess

George Psyllides -
Solutions to the Title Deed mess resulting from court decisions declaring that the 'Trapped Buyers' law is unconstitutional will be the subject of a meeting between all parties on 16th June.
News

Paphos District Officer to mediate Pegeia deadlock

Bejay Browne -
A meeting mediated by the Paphos District Officer is to be held in efforts to resolve a deadlock between Leptos and the Pegeia Municipality concerning various issues at Coral Bay.
Investment

Golden Visa Program raises €4 billion

Staff Reporter -
The Cyprus Golden Visa Program, which enables non-EU citizens to purchase Cypriot passports and residency permits by investing money in property and other sectors, has raised €4 billion.
Legal Matters

Why trapped buyers law unconstitutional

Marina Massoura -
Marina Massoura from the law firm of L.G. Zambartas LLC explains why the trapped buyers law was ruled as being unconstitutional by the District Courts in Limassol and Paphos.
News

Ten years to reduce NPLs

Stelios Orphanides -
The Cyprus Central bank expects it will take up to 10 years for non-performing loans (NPLs) to drop to manageable levels at the current rate of economic growth, Chrystalla Georghadji told reporters on Friday.
Legal Matters

Trapped buyers could lose their homes

Nigel Howarth -
The Limassol and Paphos District Courts in Cyprus have both ruled that the trapped buyers' law, which enabled those duped into buying property built on mortgaged land to get their Title Deeds, is unconstitutional.

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