Cyprus MPs are joining forces to challenge banks over increased charges they deem to be “merely punishing consumers who do not have the skills or the means to carry out their transactions online”. MPs will send a letter to the Banking Association and the Finance Ministry demanding that banks recall their decision to impose “punitive
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Cyprus President Nicos Anastasiades said he is satisfied with a decision by the EU Foreign Affairs Council to adopt targeted sanctions as a response to Turkey’s incursion in the island’s exclusive economic zone. In a tweet, President Anastasiades said he was satisfied with the EU decision as it “supports the sovereign rights of the Republic
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. So, here we are dear readers, now we have received the bill of €1,200,000 for foreign companies to carry out the due diligence investigations regarding the passports issue (as we are not doing a good job ourselves). This bill, should, in our opinion, be covered by the developers/agents/advocates who are the primary beneficiaries of
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Significant progress achieved in the Cyprus investment funds industry was highlighted at an International Funds Summit in Nicosia with 580 participants. “Cyprus has not only been able to make an entry to this promising and dynamic industry, but it has actually been able to register a steady and impressive growth,” said Finance Minister Harris Georgiades
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. By Pedro Sánchez In 1978, Spain created and ratified a fully democratic constitution. That historic document was endorsed by almost 88% of voters in a referendum. In Catalonia, where turnout was nearly equal, support was even higher: some 90.5% of Catalans backed the new Constitution. Spain thus escaped the long and dark shadow
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Four women who have excelled in the areas of business, culture, the environment and community service were the winners of the 13th "Kivotos Golden Lady of the Year Award". It was organised by the Kivotos Luxury Lifestyle Company and presented during a ceremony at the Hilton Park by House speaker Dimitris Syllouris, and Andys
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Cyprus is basking in unusually warm weather with temperatures spiking around 10 degrees Celsius above the norm for this time of year, making it one of the hottest November's on record. While average temperatures for November are usually around 20-22° Celsius, Cyprus is witnessing soaring heat of 30° Celsius plus. Meanwhile, dust from the Middle
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Brussels has launched a system for imposing EU sanctions on Turkey over its unauthorized gas drilling in Cyprus waters, but no Turkish companies or officials have yet been singled out. EU foreign ministers adopted a mechanism Monday making it possible "to sanction individuals or entities responsible for, or involved in, unauthorized drilling activities of hydrocarbons."
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By Hussein Sayed, Chief Market Strategist at FXTM The closing of US equities at record highs on Friday did not seem to influence the market’s direction in Asia on Monday morning. Hong Kong’s Hang Seng Index tumbled 2% in early trade, while China’s Shanghai and Shenzhen Composites both fell more than 1%. Escalating violence in
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RCB Bank and American Express have launched two partnership agreements that will enable the bank to provide merchant recruitment and payment processing in Cyprus on behalf of Amex. “We are pleased to work with American Express to offer their merchants a best-in-class service proposition,” said Harry Xenophontos, head of Acquiring & Digital Payment Services at
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