No violation of the right to property. Decision by the Court of Justice on Cyprus haircut case.
The Court of Justice delivered on the 20th of September 2016 its judgment in the case filed by a number of Cypriot depositors who sufferred a haircut in March 2013...
Opening a Merchant Account with a Cyprus company.
A Cyprus company is a European Company. As such a Cyprus company is acceptable by European banks for the opening of merchant accounts provided that certain preconditions are met on...
FBME Cyprus. How to “unlock” your money at the FBME.
The Central Bank of Cyprus has on the 9th of April 2016 activated the Deposit Guarantee and Resolution of Credit and Other Institutions Scheme (DGS) in the case of the...
Loans in foreign currency and borrower’s rights, Part 2
On the 14th of April 2014 I wrote an article about loans in foreign currency and the rights of borrowers. The link to that article is here. The article dealt...
The rights of borrowers
In an interview to journalist Christodoulos Christodoulou (CYBC 2, Biz-Εμείς, 09/05/2014), Christophoros Christophi explains the rights of consumers that made loans from commercial banks in view of the haircut and...