North Cyprus News | Cyprus Today – 7/4/2012

North Cyprus News Update | in Cyprus Today - 7/4/2012PTP: new hopes for hundreds – changes SHOULD mean that only foreigners with properties within 500m of “military camps, installation or training grounds” will have PTPs rejected. Previously the distance was not made clear.

Hotel owner in bid for interest reprieve – John Aziz Kent, owner of Celebrity and Lambousa, took out a 12,000TL loan in 1994 and interest rates have inflated the debt to 2.5m TL because he defaulted on repayments and a 160% rate was then applied. He will be attempting to have the debt reduced using the newly passed interest rate law. Editor: this will be no use to K5 victims because the debtor would have no interest in challenging it.

Forum contenders vie to replace C44 – article lists the contenders along with www.3cyprus.com

Kulaksiz 5 expats win fight to have their cases merged – but have to return on 18th April to get a date for when they will be heard regarding their case to halt their eviction

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