HR-Net - Hellenic Resources Network Compact version
Today's Suggestion
Visit the Hellenic Astronomical Society Mirror on HR-Net
HomeAbout HR-NetNewsWeb SitesDocumentsOnline HelpUsage InformationContact us
Wednesday, 18 October 2017
 
News
  Latest News (All)
     From Greece
     From Cyprus
     From Europe
     From Balkans
     From Turkey
     From USA
  Announcements
  World Press
  News Archives
Web Sites
  Hosted
  Mirrored
  Interesting Nodes
Documents
  Special Topics
  Treaties, Conventions
  Constitutions
  U.S. Agencies
  Cyprus Problem
  Other
Services
  Personal NewsPaper
  Greek Fonts
  Tools
  F.A.Q.
 

Cyprus News Agency: News in English, 13-07-26

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <http://www.cyna.org.cy>


CONTENTS

  • [01] Capital Controls in Cyprus remain unchanged
  • [02] Auditor General discusses semi-governmental organisations issues

    with Troika

  • [03] Cyprus will not change its energy plans because of Ankara, Defence

    Minister says

  • [04] Bank deposits decrease by €5.32 billion in June

  • [01] Capital Controls in Cyprus remain unchanged

    Cyprus` Ministry of Finance issued the eighteenth decree maintaining capital controls unchanged for seven days.

    Hence, the maximum amount of cash withdrawal cannot exceed €300 daily per natural person or €500 daily per legal person, in each credit institution or the equivalent of these amounts in foreign currency, whereas the cashing of cheques is prohibited.

    Furthermore, cashless payments or transfers of deposits/funds to accounts held in other credit institutions within the Republic up to €15,000 per month per natural person in each credit institution regardless of the purpose are permitted, while in case of a legal person (company) the permitted cashless payments or transfers of deposits/funds reach €75,000 regardless of the purpose.

    [02] Auditor General discusses semi-governmental organisations issues with Troika

    Cyprus Auditor General Chrystalla Georghadji met on Friday with a Troika delegation (EC, ECB, IMF) and discussed ways to cut expenditure of the country's large semi-governmental organizations.

    In statements to the press after the meeting Georghadji said that she had a frank discussion with the Troika representatives.

    A number of questions were put on the table as regards the Audit Office's experience and recommendations to reduce expenditure of large semi-governmental organisations and their ability to collect the amounts of money owed to them, she added.

    Georghadji further noted that the Troika delegation told her they will be in touch at all times with her office.

    [03] Cyprus will not change its energy plans because of Ankara, Defence Minister says

    The Republic of Cyprus will not terminate any of its energy plans because of Turkey's provocations and blackmailing practices, Cyprus Defence Minister Photis Photiou has stressed.

    He added that Cyprus will go on with its plans, since energy-related mattes fall within the Republic's sovereign rights, which Nicosia will not abolish.

    [04] Bank deposits decrease by €5.32 billion in June

    Deposits in the Cypriot banking system in June registered a monthly drop of €5.32 to €50.69 billion compared with €56.02 billion in May.

    According to figures released by the Central Bank of Cyprus, domestic resident deposits reached €34.96 billion reduced by €2.56 billion compared with May 2013, whereas deposits of residents of other Eurozone member states reached €2.69 billion from 3.33 billion euro in May, and deposits from residents coming from third countries (non EU countries) registered a reduction of €2.13 billion to €13.03 billion.

    General government deposits decreased at €367.1 million compared with €445.1 million in May.


    Cyprus News Agency: News in English Directory - Previous Article - Next Article
    Back to Top
    Copyright 1995-2016 HR-Net (Hellenic Resources Network). An HRI Project.
    All Rights Reserved.

    HTML by the HR-Net Group / Hellenic Resources Institute, Inc.
    cna2html v2.01 run on Friday, 26 July 2013 - 15:39:06 UTC