News Local BoC cancels foreclosure after mediation of financial commissioner

BoC cancels foreclosure after mediation of financial commissioner

Bank of Cyprus cancelled the foreclosure of a house belonging to a elderly woman who lives alone in Paphos at the intervention of the financial commissioner Pavlos Ioannou.

Ioannou said that his intervention followed a request from the president of the Association of Primary Homes.

The commissioner released a copy of the letter he had sent to the bank asking that it cancel the auction on humanitarian grounds.

He said the woman was old and widowed. The reserve price for the house was  €18,000 —  a sum which would not have a substantial impact on the bank’s interests.

Ioannou thanked the bank for its positive response to a humanitarian request and its cooperation more generally with his office.

 

Top Stories

Turkish court paves way to turn Hagia Sophia into a mosque

A Turkish court said on Friday it annulled a 1934 government decree turning Istanbul's Hagia Sophia into a museum, ruling it was unlawful, paving the way for...

Limassol: Parents charged for child abuse and released on conditions

A 26-year-old Greek-Cypriot and a 24-year-old foreign national, father and mother respectively, suspected of abusing their 19-month-old boy were charged on Friday by the...

Cypriots allowed entry to UK without quarantine as of today

Travellers from around 70 countries and British overseas territories may as of today enter the UK without having to quarantine for 14 days, the...

MoH issues revised instructions for use of gloves

The Health Ministry issued on Friday revised instructions for the use of gloves as per the guidelines of the European Centre for Disease Prevention...

Italy likely to extend state of emergency due to coronavirus crisis – PM

Italy will likely extend a state of emergency beyond its current deadline of July 31 due to the new coronavirus crisis, Italian Prime Minister...

Taste

Moungra

Moungra is a traditional Cypriot mezze which consists in cauliflower pickled in fermented bread dough and typically served as an appetizer or meze. It...

Cheesy Eggplant Rolls

Ingredients 4 Eggplants 2 tbsp olive oil 1 chopped onion, 2 grated carrots 1 garlic clove (sliced) ¾ of the cup finely chopped canned tomato, ½ ts sugar 1 ts oregano 2 tbsp...

Black eyed peas with chard (Louvia me laxana)

Ingredients: 2 cups black eyed peas small lemon (juice) + 1 tsp lemon zest 1 bunch Cypriot chards olive oil & lemon for serving salt & pepper Method: Step 1 Put the...

How to make triandafillo ice cream, by UK Cypriot chef Loulla Astin

  Just in time for the scorching heat, UK Cypriot chef Loulla Astin has shared her recipe for refreshing triantafillo ice cream -- or as...