Archive for the ‘Feature Articles’ Category

The Cyprus Property Action Group (CPAG) has written an open letter to the Cyprus Mail . Remember the Informer Editorial on “ Cyprus Government will have to write off Cyprus Bank Debts “? Well following the many articles that we have published since about the failing Cyprus Economy and the shenanigans in the Cyprus Banks ( What is going on in the Cyprus Banks ... Full story

THE AVERAGE price per house in Cyprus has reached €2,000 per square metre and €1,865 per square metre for an apartment, according to the first-ever quarterly Cyprus Property Price Index (PPI), launched yesterday. Full story

The Cyprus Informer can add a great deal more to the following story in the Cyprus Mail which suggests that Cyprus lawyers are able to avoid accountability under the law because of a closed shop protection system. Full story

The Cyprus Mail published two articles on 6 and 7 January.  Having read them both here is a brief summary. Full story

The details of the announcement made by Cyprus Finance Minister Charilaos Stavrakis at the turn of the year now seem to be dripping out slowly, slowly in the spirit of the Cypriot maxim “sigar sigar”. There are now reports on the internet that the Cyprus Government has stepped in to now assure Cyprus property owners, both those resident in Cyprus and Cyprus holiday home owners ... Full story

The front page of the  Cyprus Weekly On Line for 31 December 2009 carries the headline “Tax Assault” referring to the Cyprus Budget announcement of a range of fiscal measures to deal with a deficit of euro 500 million. Initially property analysts had interpreted the Minister’s original descriptive announcement where he said  ” this package will introduce higher tax on property property other than a home by adjusting valuations ... Full story

The Cyprus Informer welcomes comments and input on its articles and in this case it caused our Editor some concern for the paper’s readers with investment properties and homes in Cyprus.  “Cyprus Repossessions, with regard to an article ‘Government Will Have to Write Off Debts’, this will not happen! Banks in Cyprus have been told to collect by any means possible, any outstanding ... Full story

An article in the respected Cyprus Mail sent shock waves running throughout the island of Cyprus with tremors that extended all the way to investors in Britain and the USA as the Cyprus Finance Minister Charilaos Stavrakis yesterday unveiled tax changes. Stavrakis was correctly reported (we hope!!,  Ed.) as saying that his package will introduce higher tax on property property other than a home by adjusting ... Full story

Places where smoking is banned as of January 1, 2010. These include: cinemas; theatres; hospitals – including rural sanitary centres – open-air infirmaries and old peoples’ homes; pharmacies, clinics, doctors’ and dentists’ surgeries; museums; galleries, concert halls and cultural centres; public libraries; factories; training and educational centres such as universities, colleges, schools; lifts, stairwells and ‘common areas’ of public buildings; covered athletic centres; governmental ... Full story

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