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28th March 2024
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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.

Renewed call to reform Title Deeds system

The EC and the ECB have renewed their call on Cyprus to "swiftly address the long-overdue reform of the title deeds issuance and transfer system" at the completion of their 6th PPS mission.

Citizenship schemes need greater scrutiny

During his visit Cyprus, the Prime Minister of Malta Joseph Muscat said that level of scrutiny regarding European citizenship schemes needs to be upped and that, generally speaking, Malta's system was in order.

EU citizenship schemes need full transparency

Cyprus has been told that all EU citizenship schemes need to have full transparency and Brussels has deployed experts to ensure these schemes prevent tax evasion, money laundering and security threats

EC closes infringement case on Limni project

The European Commission has effectively given the green light to the contentious Limni bay development project by closing infringements proceedings against Cyprus on Thursday.

Money laundering assessment

Cyprus is to undergo a money laundering assessment from a Council of Europe committee comprising a group of experts from Moneyval following negative reports in the international media.

The troika returns to Cyprus

Representatives of the troika of international lenders plus the European Stability Mechanism (ESM), the IMF, EC and the ECB , will be in Cyprus later this month for the third post-programme surveillance.

Ten years to clear Title Deed backlog

At the current rate of Title Deed issuance it would take approximately ten years to address the backlog according to the spring 2017 issue of the European Commission's Post-Programme Surveillance Report on Cyprus.

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