Foreclosure freeze row gets ugly

Under the fear of an increase in Non-Performing Loans, as the European Central Bank continues to push interest rates up, a heated debate is brewing over the right of defaulted borrowers to


Compromise VAT bill on new homes

The government has retabled a bill for reduced VAT on first homes, aiming to find the sweet spot between MPs’ concerns and the European Commission, which has initiated infringement proceedings against Cyprus


Spike in your electricity bill? Check the meter

Consumers who believe their electricity bill is inexcusably high due to possible meter reading deviations can submit a complaint to be reviewed by onsite inspectors or remote investigation at the Electricity Authority

Cabinet widens tax exemption for innovation

The Cabinet has approved a bill which amends the income tax law for existing tax exemption for investments in small to medium innovation companies and extends to cover corporate investors. According to