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16th June 2025
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Legal Matters

Vulture funds attacked by MPs

The Chairman of the Parliamentary Legal Affairs Committee, Nicos Tornaritis, has hit out at vulture funds for refusing to...
Non-Performing Loans

Troika still sees spectres of the 2013 financial crisis

The Troika of international lenders expressed concern over Cyprus' slow progress in reducing legacy Non-Performing Loans (NPLs) and persistent...
Latest News & Updates

How many properties and loans do vulture funds own?

At the end of 2024, the total value of loans held by Credit Acquisition Companies (better known as vulture...
Articles

Stop vulture attacks on trapped buyers

Government intervention is needed to stop Credit Acquiring Companies, better known as Vulture Funds, demanding money from debt-free trapped...
Non-Performing Loans

Hellenic Bank welcomes mortgage-to-rent scheme

"We welcome this plan as a favourable arrangement, ensuring housing for vulnerable households," Hellenic Bank interim Chief Executive Officer...
Non-Performing Loans

EC Report for Cyprus analyses the economic situation

The Cyprus Post-Programme Surveillance Report for Autumn 2023, which has been prepared by the European Commission's Directorate-General for Economic...
Legal Matters

Foreclosures laws to be discussed in parliament

Today marks a crucial development in the landscape of property foreclosures as the Parliament is set to deliberate on...
Legal Matters

Mortgage-to-rent scheme effective in December

The mortgage to rent (MtR) scheme for vulnerable borrowers will come into effect on December 4, finance ministry permanent...

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