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  • Trapped buyers still at banks' mercy

    Trapped buyers still at banks’ mercy

    Despite promises made by deputies last November that they intended to resolve the ‘trapped buyers’ mess by Christmas, it seems that little (if any) progress has been made towards its resolution.

  • EU citizenship schemes need full transparency

    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

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  • Bank of Cyprus sells NPLs to APS

    Bank of Cyprus sells NPLs to APS

    The Bank of Cyprus has sold non-performing loans (NPLs) amounting to some €34 million to APS, part of the APS Holdings group, which is also handling the Hellenic Bank’s portfolio of bad debts...
  • Larnaca high-rise developments planned

    Larnaca high-rise developments planned

    Larnaca may soon be joining Limassol, Paphos and Nicosia in the high-rise towers club, providing that the application for a town planning permit is approved by the Larnaca Municipality..
  • Citizenship schemes need greater scrutiny

    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...

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