Euro outlook uncertain

The EURUSD extended its recovery to 1.0740 in Tuesday’s European trading, with the major currency pair rising as growing optimism for the Fed to reduce interest rates twice this year has increased

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Red light traffic fines to be reduced

Parliament has passed a bill reducing the fine for red-light violations in Cyprus, if a car has marginally exceeded the pedestrian crossing, while maintaining a hefty fine for passing the crossing at

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