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

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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

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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