Tue, 07 Feb 2012 14:40:31 +0000
Cyprus Government debt reached 67.5% in Q3 2011
Government debt in Cyprus increased to 67.5% of the Island's GDP at the end of the third quarter of 2011 according to a press release issued yesterday by Eurostat, the Statistical Office of the EU. |
Tue, 07 Feb 2012 09:04:09 +0000
Saga of the Title Deed rip off in Paphos
The actions of Land Registry staff in Paphos who seem to be ripping off foreigners by demanding excessive amounts of Property Transfer Fees from them are damaging Cyprus' reputation and killing the overseas property market. |
Mon, 06 Feb 2012 07:27:47 +0000
Cypriot developers find new ways to extort money
Nefarious property developers continue to exploit their customers by thinking up new ways of extorting money from them and using the threat of withholding Title Deeds to elicit payment. |
Sat, 04 Feb 2012 12:21:28 +0000
Paying for my developer’s illegalities
A Pegeia resident demonstrates how the provisions of the Town Planning Amnesty enable 'dishonest and devious developers' responsible for planning infringements to escape the consequences of their actions. |
Fri, 03 Feb 2012 17:52:12 +0000
Domestic sales improve – overseas sales decline
Although the number of properties sold to Cypriot buyers improved for a second consecutive month in January, there is still no sign of a recovery in the Island's overseas property market where the number of sales continues to decline. |
Fri, 03 Feb 2012 15:25:21 +0000
Fitch downgrades three Cypriot banks
Fitch Ratings has downgraded three Cypriot banks by one notch saying that finding private capital to cover their capital needs until June will be "difficult". Fitch downgraded the three banks to BB+ from BBB- with negative outlook. |
Fri, 03 Feb 2012 13:34:55 +0000
Perdikis to raise property law deficiencies in House
Cyprus MP George Perdikis is to question the House of Representatives over deficiencies in a law introduced last year that are preventing residents of leasehold properties Harbour Shore Estates at Coral Bay from getting their Title Deeds. |
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