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All reports tagged with: "european commission"

No Title Deeds unless you pay developer’s debts (update)

UPDATE 7/2/2013 – MEP Sir Graham Watson has asked the Commission if it is aware that Cypriot banks are telling property buyers they will not receive title deeds unless they contribute thousands of Euros to their developer’s outstanding debts.

Action against Cyprus

The European Commission has opened infringement proceedings against Cyprus regarding the application of EU Directives on unfair commercial practices and unfair contract terms.

Bank accounts for all EU citizens

Europeans will have the right to open a basic bank account in any country of the EU, to switch bank accounts and see what fees they are being charged under a new Directive proposed by the European Commission.

UCPD review offers no solution for Title Deeds

Appeals to the EC that it would recommend that the withholding of title deeds or legal ownership of immovable property would be blacklisted under the provisions of the UCPD have been rejected.

EU report into property development

David Martin MEP, who represents Scotland in Brussels and Strasbourg, has asked the European Commission to outline the conclusions of its report into the practices property developers in Cyprus.

Is the EU complicit in property crimes?

Daniel Hannan, MEP for South East England, has raised a question in the European Parliament relating to a complaint raised by Denis O’Hare of the Cyprus Property Action Group (CPAG) in 2011.

Discrimination against non-Cypriot estate agents

The European Commission considers the conditions that non-Cypriots EU citizens must fulfil to be included in the registry of real estate agents in Cyprus discriminates against them and do not conform with EU law

Island under the Troika microscope

The Island will be put under the microscope by members of the Troika delegation who arrived in Cyprus yesterday for a fact-finding mission that is expected to play a crucial role in Cyprus’ EU bailout application.

Depressing outlook for Cyprus’ economy

The European Commission’s interim report on the Cyprus economy paints a gloomy picture for the future resulting from a number of factors including a worsening of the external environment.

European Commission replies to property complaints

The Civil Justice Directorate of the European Commission has replied to numerous letters of complaint it has received concerning Cyprus property developers and unfair commercial practices.

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