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1st December 2022
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EC approves scheme for vulnerable borrowers

The European Commission has approved a Cypriot scheme providing partial debt write-off to distressed, socially vulnerable borrowers with loans...

ESTIA debt relief scheme failing big time

With only 3% of loan defaulters applying for the government's ESTIA debt relief scheme, economics professor Stavros Zenios from the University of Cyprus, tweeted the scheme is "failing BIG time."

Citizenship scheme reaching saturation point

Cyprus' property developers and other stakeholders are concerned over the future of the construction industry as the Citizenship for Investment Scheme appears to be reaching saturation.

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