Press Release: Internal Market: Commission takes action against restrictions on estate agents’ activities in Cyprus

The European Commission took action to ensure that the Internal Market principles of free movement of services and freedom of establishment are respected in Cyprus. The Commission will send a formal request to Cyprus concerning its national legislation restricting the activities of estate agents. This formal request takes the form of a ‘reasoned opinion’, the second stage of the infringement procedure laid down in Article 226 of the EC Treaty. If there is no satisfactory reply within two months, the Commission may refer the matter to the European Court of Justice.