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Government planning amnesty bulletin: part 2

We look at the town and country planning law in the second article in a series of four on the Interior Ministry's bulletin about the recently approved bills designed to alleviate problems in issuing Title Deeds resulting from planning infringements.
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Government planning amnesty bulletin: part 1

The Interior Ministry has published a bulletin explaining the provisions of the recently approved bills designed to alleviate problems in issuing Title Deeds resulting from planning infringements.
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Britain to review Cyprus military bases

Britain will review its military bases in Cyprus as it seeks to extract maximum value from a shrinking defence budget, Defence Secretary Liam Fox said in a statement to the UK parliament on Tuesday.
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Cabinet approves Qatar real estate deal

Cabinet has approved the multimillion Euro deal with Qatar to develop prime real estate in the capital, opening the way for the joint venture to be realised.
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Major improvements to Cyprus town planning

Plans to overhaul of the Cyprus Town Planning and Housing department to support the social and economic development of the Island have been announced by Interior Minister Neoklis Sylikiotis.
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Concrete workers set to strike on Monday

An indefinite strike by the Cyprus Ready Mixed Concrete Association is planned to start tomorrow following a decision taken at an extraordinary general meeting last Thursday.
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Government help for the property sector

With many property developers finding themselves in a difficult financial position, questions are asked about what the Cyprus government should be doing to help the Island’s property sector.
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Tax hikes to cut budget deficit

The Cyprus Finance Ministry has proposed taxes on banks, companies, properties and basic consumer goods to plug a €150 million hole and keep the budget deficit for 2011 within the limits set by the European Union.
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Cyprus refugees to get Title Deeds

The government is trying to secure Title Deeds for all refugees living in government-built estates, including those on Turkish Cypriot land, a top official said on Thursday.
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Property taxes to raise 80 – 100 million Euros next year

Charilaos Stavrakis, the Cyprus Finance Minister has presented a package of measures which include raising 80 to 100 million Euros from taxes on property next year as part of the Government’s overall plans to get the Cyprus economy back on track.
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Tax revenues slump, deficit increases

According to reports, Cyprus tax revenues slumped during January - November 2009 and the fiscal deficit increased to more than 3% of the island's Gross Domestic Product, which means total losses during the period exceed €500 million.
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Working together for proper Title Deeds law

The Cyprus Ministry of the Interior has put serious efforts to bring about a drastic and definite solution on long existing problem of the issuing of Title Deeds. This is a good time for all to work together to resolve the situation.
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Title Deed problems tarnishing Cyprus says minister

At the recent real estate conference the Cyprus Interior Minister, Neoclis Sylikiotis, said the failure to process 130,000 title deeds snared in the system was tarnishing Cyprus’ reputation among foreign investors.
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Stimulate Cyprus property sales by lowering prices

If developers in Cyprus want to stimulate property sales, they must lower their prices. Economic conditions have changed dramatically over the last year and people are not prepared to pay the same prices today as they were a year ago.
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Gaping hole in government revenues

The collapse of the Cyprus real estate market has resulted in a gaping hole in government revenues.
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Number 10 replies to Cyprus petitioners

More than 2,000 people added their names to a UK Government’s Number 10 e-petition urging the Prime Minister to exert pressure on the Government of Cyprus to protect property rights.
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Less than one in five has Title Deeds

According to a recent on-line poll conducted by the Cyprus Property News, less that one in five of those who have bought property on the island have their Title Deeds.
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Cyprus law reforms are not a cure-all

The legal reforms proposed by the Cyprus Interior Minister Neoclis Sylikiotis are not a cure-all solution to the many Title Deed problems. Those who have been deceived into buying mortgaged property will continue to remain at risk unless the Government acts to protect their interests.
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Proposals to untie the Gordian knot

Proposed changes to Cyprus’ antiquated property laws may help existing buyers obtain Title Deeds to properties that have been built illegally But they contain nothing to help those who have been duped into buying mortgaged property and those whose Title Deeds are being held to ransom by unscrupulous property developers.
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Cyprus Interior Minister’s Statement on Title Deeds

Effective and comprehensive measures are introduced to solve the problem of Title Deeds in Cyprus - Minister of the Interior Mr Neoclis Sylikiotis - 22nd July, 2009
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