On July 4, the Ukrainian parliament approved the bill for ratification of the new double tax treaty of Cyprus – Ukraine on income and capital that was signed back in November 2012. If Cyprus ratifies the treaty and the notifications are exchanged during 2013, then the new treaty will be applicable from January 1, 2014.
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. By Eberhard Rhein Hundreds of thousands Brazilian citizens took to the streets in recent weeks to protest against high public transport fares, publicly financed football stadiums, inadequate investments in education and health and, last not least, rampant corruption. High transport fares have been the detonator of these unprecedented demonstrations in one of the most
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. “Justice is blind” is the phrase that refers to Lady Justice (the courts) that feels the weights she is holding up, and makes a verdict on what’s right and what’s wrong. That could well be the case of the verdict in Larnaca Criminal Court that found four of the six defendants in the politically-volatile
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. By Theodore Panayotou Cyprus International Institute of Management (CIIM) You are young, educated and unemployed! You have been out of a job for more than a year and the prospects for a job now look bleaker than ever. You are not alone. Over 30% of your peers are also unemployed and thousands more are
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In today’s turbulent business environment business appraisals are needed for a variety of reasons such as mergers, acquisitions, business planning, reorganisation, spin-offs, liquidations, bankruptcy, buy-sell agreements, shareholder disputes, insurance claims, damages litigation, IPOs, etc. Business valuation is a sophisticated blend of art and science that aims to provide an impartial opinion of value and the
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* Execs continue to march past investigators Bank of Cyprus is expected to close a further 12 branches by next month, raising the total closures to 29 so far. The bank currently operates 202 branches, including those it absorbed from the Popular Laiki Bank, with the total workforce now estimated at 5,760. Last week, the
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The cost to repair the power station at Vassiliko, decimated by the Mari munitions blast two years ago, was kept ay 165 mln euros, according to the Electricity Authority of Cyprus, with officials saying that this was below the “optimistic scenario” of 330 mln and far lower than the “extreme scenario” of 700 mln. The
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. By Fiona Mullen Director, Sapienta Economics The Mari explosion, which claimed 13 lives, occurred two years ago tomorrow. At the time various projections were made for how much it had cost the economy. There was the direct cost to the Electricity Authority of Cyprus (EAC), which was insured for EUR 1.96 bln but only
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Nights will never be the same for MTN PayAsYouGo subscribers! MTN is giving them Free Nights so they can talk for free all night long with their MTN friends. With MTN Free Nights, the new, amazing MTN offer, MTN PayAsYouGo subscribers will talk for free from 10:00 at night until 7:00 in the morning with
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Emirates announced that it will start to roll-out Google Now cards for their passengers who book via Emirates.com. A feature of the Google Search app, Google Now is available and fully integrated for Android devices running Android 4.1 and above and iOS (iPhones and iPads). Some advantages of the Google Now implementation for Emirates’ passengers
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