Reconfirming the Commitment to Cyprus
Success Stories
Industry News
In this section you will find relevant news from Cyprus.
CIPA Announcement to Foreign Investors - Apr 30, 2013
The Cyprus Investment Promotion Agency (CIPA) recognizes the unfortunate impact to all investors that were caught up in the restructuring of the Bank of Cyprus and/or the resolution of Laiki Bank. As CIPA, we have for some time now, advocated that penalizing depositors would be an unfair and short-sighted measure. Despite all efforts, unfortunately, this solution was at the end ...
Minister of Finance Issues Decree on Foreign Credit Institutions - CNA - Apr 26, 2013
FinMin issues Decree on foreign credit institutions Nicosia, Apr 25 (CNA) -- The Minister of Finance, in exercising the powers granted to him by sections 4 and 5 of the Enforcement of Restrictive Measures on Transactions in case of Emergency Law of 2013, following a recommendation from the Governor of the Central Bank, issued tonight a Decree on ...
Minister of Finance Eases Restrictive Measures on Transactions - Apr 26, 2013
FinMin eases restrictive measures on transactions Nicosia, Apr 25 (CNA) --- The Minister of Finance, following a recommendation from the Governor of the Central Bank, issued a Decree tonight which eases restrictive measures which had been imposed on transactions. This Decree shall apply for a sixteen day period starting from the day ...
Clarification on the Issuance of the Tenth Decree for Temporary Restrictive Measures on Transactions - Apr 26, 2013
(25 April 2013)
The CBC announces that, as of today, a tenth Decree has been published with some modifications to the temporary restrictive measures on transactions.
www.centralbank.gov.cy/nqcontent.cfm
Announced Measures by the Government of Cyprus to Help Kick-Start the Economy - Apr 23, 2013
(19/04/2013) The President of the Republic of Cyprus, Mr. Nicos Anastasiades announced the following measures to help kick-start the economy. FULL LIST OF MEASURES Vulnerable groups - Through agreement, the length for repayment of loans can now ...
Eurogroup Statement on Cyprus - Apr 16, 2013
12 April 2013 The Eurogroup welcomes the staff-level agreement that has been reached between Cyprus and the Troika institutions on the policy conditionality ...
New decree relaxes capital controls further - CNA - Apr 12, 2013
New decree relaxes capital controls further Nicosia, Apr 11 (CNA) – Capital controls were further relaxed via a new decree issued by the Minister of Finance, on Thursday evening. The daily amount depositors are allowed to withdraw from their account remains in the order of €300. ...
Latest Situation in Cyprus and Cyprus Shipping - Press Statement - Apr 08, 2013
“Cyprus Shipping Continues to Support the Economy” Two weeks after the Eurogroup Loan Agreement proposal for Cyprus was formulated on 24 March and despite some temporary banking restrictions still applied which are gradually being eased up, Cyprus Shipping ...
