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28th March 2024
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Monthly Archives: August, 2019

New criteria for passport scheme

New criteria for those wishing to obtain a Cyprus passport through the much criticised citizenship by investment scheme will come into force next week and will include due diligence checks on applicants.

July property sales hold steady (update)

The number of Cyprus property sales during July was the same as the number sold in July 2018, with sales falling in all districts with the exception of Larnaca according to statistics from the Department of Lands & Surveys.

Foreclosures highlight we are the eternal victims

A personal view on foreclosures, the banking system and the Cypriot mentality of never taking responsibility for actions & decisions by 'Patroclos' a regular columnist in the Sunday edition of the Cyprus Mail.

Compromise foreclosures bill passed by MPs

MPs have accepted the presidential veto on changes to the foreclosures law and agreed a compromise proposal to protect vulnerable borrowers enabling them to seek recourse through the financial ombudsman.

Pissouri landslide victims offered no compensation

Interior Minister reported to be angry with British victims of Pissouri landslide for complaining to the Cypriot and British media and offers no compensation to those affected; many homes now unfit for habitation.

Blunt warning on foreclosures law changes

Adjustments to the law on foreclosures could have "significant negative impact" on the Cyprus banking system warns the European Central Bank (ECB) in an email to the Central Bank governor.

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