An online e-auction platform was launched by a subsidiary of the Cyprus Banks Association in an attempt to boost the sale of mortgaged properties belonging to defaulted borrowers. The process allows banks
. If you want to dabble in conspiracy theories, allowing your imagination to run wild with unverified paranoia there is no better place to live out your extreme thoughts than Cyprus. Cypriots
Police are continuing to probe whether an Israeli high-tech surveillance van has broken any privacy laws or breached protection of personal data while the company involved claims it is a victim of
. There is a new category in Cyprus society which is unrelated to the usual metrics of household earnings, education or social status. This is the new ‘privileged class’ which the
Cyprus is looking into ways of combating increased irregular migrant flows through a ‘black hole’ in the Green Line by implementing tighter checks and controls. Interior Minister Constantinos Petrides told the House
Restrictions on capital movement imposed by Lebanese banks have put pressure on an economy which has traditionally relied on foreign direct investment and remittance inflows from the diaspora while also affecting investment
Anti-Brexit campaigners in Britain are appealing to British expats in Cyprus to help save the UK. The campaigners – Proxy Voters Against Brexit – fear that Brexit will break up the UK,
International credit rating agency Capital Intelligence has affirmed the long term and short-term ratings of Hellenic Bank at ‘BB-’ and ‘B’, respectively. The outlook is stable, indicating that the ratings are unlikely
High property prices in the real estate sector have begun to deflate as the 3rd quarter of 2019, paints an entirely different picture to what Cyprus has grown accustomed to over the
Cypriot shareholders are involved in a litigation case at the High Court of Justice, in London involving payment of £1,320,000 compensation it did not receive following arbitration in a dispute with a
