The plan for overdue debts is to be discussed at the next plenary session

The plan for overdue debts is to be discussed at the next plenary session

Debtors will have a new opportunity to join a plan for the settlement of overdue debts in installments, as proposed by the EDEK and DIPA parties. The Tax Inspector will be able to accept and examine applications for the plan, with a deadline set until December 31, 2027. The Tax Department anticipates individual, rather than mass, requests for inclusion in the plan.

Our View: Political pension overhaul long overdue

Our View: Political pension overhaul long overdue

Fact: The Cyprus Supreme Court ruled that a pension is a property right of the recipient that cannot be cancelled.