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25th April 2024
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Yearly Archives: 2019

Strategic defaulters and sovereign corruption

The government backed Estia scheme enables those who have deliberately defaulted on their housing loans, i.e. strategic defaulters, to apply for mortgage relief but such flagrant fraud ought to warrant criminal investigation.

Estia mortgage relief scheme launched

The Estia mortgage relief scheme was officially launched today to assist, support and protect vulnerable households who have mortgaged their primary residences for their loans and reduce the high number of bad debts.

Details of aid for Pissouri landslide victims

The Interior Ministry has released details of the aid that Pissouri landslide victims, who've been forced to leave their homes in the Limnes, Sheromyli, Yiousouphis, Safires, Merika, Kalogeri, Merika, and Roes areas of the village can expect.

Cabinet agrees to help Pissouri landslide victims

The Cabinet has agreed to provide humanitarian assistance to Pissouri residents whose homes have become uninhabitable to the landslide affecting the Limnes, Sheromyli, Yiousouphis, Safires, Merika, Kalogeri, Merika, and Roes areas.

EC asks Cyprus to comply fully with EU law

The European Commission asked Cyprus to fully comply with EU rules designed to protect consumers from unfair contract terms on 25 July, giving Cyprus two months to reply to the arguments raised.

Foreign demand for Cyprus property slumps

Demand for Cyprus property by non-EU nationals has fallen, but it's unclear whether this is due to the stricter controls imposed by government following criticism by the European Union.

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