Cyprus to strip citizenship of 26 investors
Cyprus is to strip 26 citizenships for people who obtained passports by investing including nine Russians, eight Cambodians, five Chinese, two Kenyans, one Iranian and one Malaysian. The post Cyprus to...
View ArticleGovernment extends interest rate subsidy scheme
The government has extended the interest rate subsidy scheme for housing and corporate loans until the end of 2021 and raised the ceilings for eligible loans for retail and corporate loans, Finance...
View ArticlePissouri landslide victims slam state’s inaction
People who were living in Pissouri landslide homes accuse the government of double standards in comparison with fire-stricken areas. Residents of Pissouri homes that have either been destroyed or...
View ArticleRising prices are a challenge for everyone
The steady increase in property prices is a serious challenge that has not been adequately addressed by the state, Founding Director of Limassol property developer Imperio and Deputy Chairman of the...
View ArticleMortgage to rent scheme moving forward
The mortgage to rent scheme for distressed borrowers is moving forward as state-owned asset management agency KEPIDES, the finance ministry, banks and the EU are finalising the details, reports said on...
View ArticleStill no compensation for Pissouri landslide victims
Government has earmarked funds to stabilise the landslide that has caused houses to crumble, but there is still no decision over compensating the owners The government is about to pay €33 million to...
View ArticleCyprus raises bar for expat retirees
UK and other non-EU pensioners eyeing a retirement home in Cyprus need to rethink their plans as authorities have raised the bar for permanent residence permits. The government has tweaked regulations...
View ArticleMore Pissouri homes issued with eviction orders
Eviction orders have been issued for 25 more homes in Pissouri, made unsafe for habitation after years of land slippage, the community leader told MPs on Thursday. Lazaros Lazarou also said that, while...
View Article‘Photovoltaics for all’ given the green light
The Cabinet has given the green light to implementing the ‘Photovoltaics for All’ scheme, subsidising up to 6,000 homeowners to install solar systems on their roofs, which will be up and running from...
View ArticleGlamping bill back on government agenda
The bill proposing the establishment and management of up-market “glamping” campsites, which has been lingering in Parliament for nearly a year, is being reintroduced to the Plenary by the...
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