#House Finance committee

The Hope for Children CRC Policy Centre (HFC) provided services to more than 8,340 children in Cyprus in 2023, the organisation said on Tuesday, reviewing its work for the past year. HFC ...

Approval just takes too long, developers tell buyers seeking competitive loans from the Housing Finance Corporation The state-owned Housing Finance Corporation (HFC, better known in Greek as Οργανισμός Χρηματοδοτήσεως Στέγης) was seen as ...

The state-owned Housing Finance Corporation (HFC) will be able to buy performing loans and sell its non-performing loans like any other bank, under a law passed by the House on ...

Auditor-General Odysseas Michaelides raised the issue of making the service financially independent on Friday, during a meeting of the house finance committee. The committee was discussing the 2024 budget for the ...

The government has denied access to the audit service to review gun permits given to seven former state officials and politicians on a special licence, it emerged on Friday after ...

A staggering 43.69 per cent of the loan portfolio of the state-owned Housing Finance Corporation is non-performing, but not a single foreclosure has been carried out. Deputies who heard this at ...

The European Commission has informed the government that it does not accept the formula put together by the parliamentary parties for VAT on the construction or purchase of a primary ...

The European Commission disagreed with parliament’s compromise proposal over reduced VAT on homes, deputies at the House finance committee heard on Monday, amid an impending deadline just over a ...

The farce surrounding the foreclosures law just refuses to go away. Our political parties, unable to find any other worthy cause to champion, have made it their mission to create ...

The government on Monday slammed the door shut on a slew of legislative proposals aimed at regulating home repossessions, while revealing that its own ‘mortgage-to-rent’ scheme may not get the ...

The House finance committee on Monday began reviewing the government’s request for €75 million in extra expenditures for the current fiscal year. Of the €75 million in the supplementary budget filed, ...

Lawmakers on Monday discussed for the umpteenth time the matter of reduced VAT on homes, with reports suggesting the government will go back to the drawing board and present yet ...

Despite efforts to combat it, the number of children referred for investigation of sexual abuse has remained consistently high for the past two years, with over 400 cases reported annually, Hope ...

By Elias Hazou and Andria Kades The House on Thursday voted against another extension to a freeze on property repossessions, the majority of MPs deciding to give the new government ...

The Housing Finance Corporation (HFC) said on Monday it’s receiving a great deal of applications for home loans, as it can currently offer competitive rates compared to private commercial ...

Calling for an appropriate solution regarding issues plaguing the Housing Finance Corporation (HFC), Sek trade union on Wednesday said the government should be doubly worried that the organisation remains “dangerously ...

The finance ministry on Monday signalled that it was drafting a second supplementary budget for this year, even as it awaited the green light from MPs for the first such ...

The digital transformation of the Housing Finance Corporation, including to its internet banking services, is underway and scheduled to be completed by 2023, acting general manager Vassiliki Vassiliou said on Sunday. ...

The government sprung a big surprise on Monday when it presented its bill for state-guaranteed bank loans to the House finance committee. There are less than three months for the ...

The European Commission has approved a €50.6m government scheme providing partial debt write-off to distressed, socially vulnerable borrowers with loans secured by primary residences, it was announced on Friday. The ...

The commerce ministry’s consumer protection service said on Wednesday it had fined the House Finance Corporation €20,000 over some of its advertisements. The service found that a number of them ...

The House finance committee has decided to set up an ad hoc committee to examine 13 different bills on foreclosures with the main aim of finding a common approach to the ...

The House Finance Corporation announced a scheme on Wednesday aimed at helping households which are finding it difficult to repay their loan. The scheme, dubbed Heraclis, is addressed to borrowers ...