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Could north court ruling have significance for south?

In a case that that may be significant for those living in the south of the Island, a Norwegian lady living in the occupied areas of Cyprus recently won her case against a landowner and the ‘TRNC’ Ministry of the Interior.

Cyprus: A country in denial and a scandalous political leadership

Despite frequent warnings from the market, the ECB and the Cyprus Central Bank and repeated downgrades by the credit ratings agencies, Cyprus and its political leadership remain in denial.

Governor warns Cyprus is at the edge of the precipice

The Governor of the Island’s Central Bank has warned that Cyprus is at the edge of the precipice and has called on the government and parliament to work together to overcome opposition from the unions to proposed austerity measures.

Another Eurozone country bites the dust

What is unique about Cyprus’ collapsing housing bubble is a title deed scandal of unimaginable proportions. But now this nightmare is unravelling the finances of home buyers, developers, banks, and the government.

Government to support banks in financial crisis

The Council of Ministers has approved three draft bills designed to shore up the banks that are heavily exposed to Greek government bonds and to establish an independent financial stability fund.

Construction deal with Qatar on track

The deal between the Cyprus government and the Qatari Diar Real Estate Investment Company to build a luxury hotel, apartments, shops, offices and a leisure complex in Nicosia is on track.

VAT and other tax reductions on the table

VAT reductions for first-time home buyers and a suspension of transfer fees are being discussed as part of the Cyprus government’s austerity measures to bolster the Island’s failing economy.

Will Cyprus follow Spain’s example

Will Cyprus follow the example of Spain where the government plans to halve the VAT payable on the sale of newly built housing until the end of the year in an effort to boost its property market?

Government planning amnesty bulletin: part 4

We look at the Immovable Property (Tenure, Registration and Valuation) law in our fourth and final article on the Interior Ministry’s bulletin about the recently approved bills designed to alleviate problems in issuing Title Deeds as a result of planning infringements.

Government planning amnesty bulletin: part 3

We look at the streets and buildings regulation law in our third article in a series of four on the Interior Ministry’s bulletin about the recently approved bills designed to alleviate problems in issuing Title Deeds resulting from planning infringements.

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