Η παρούσα πρόταση επιδιώκει να επιλύσει το κύριο πρόβλημα το οποίο αντιμετωπίζει σήμερα η Κυπριακή Οικονομία το οποίο είναι η ανακεφαλαιοποίηση των Κυπριακών Τραπεζών οι οποίες αποτελούν συστημικό κίνδυνο, με τρόπο διαχειρίσιμο εν όψη της γνωστής πλέον πρόθεσης του Eurogroup για πιθανό κούρεμα των καταθέσεων. Η παρούσα πρόταση αποτελεί μόνον έσχατη λύση και νοουμένου ότι…

After 10 hrs of negotiations Cyprus has reached a bail-out agreement with European Union and IMF for Euro 10 billion. The agreement is reached on a condition of a one-time bail-in tax on all depositors to be implemented on Tuesday morning after a Monday bank holiday to avoid bank runs. The bail-in tax will be…

This year’s “Doing Business” report, compiled by World Bank, ranks Cyprus in the 36th position out of 185 countries ranked. Cyprus in 2013 report moved up one position as its 2012 ranking was 37. It is noted however that Cyprus ranks better than its main competitors in the world-wide financial business centre arena. Luxemburg is…

On 11th of December 2012 the European Parliament approved the EU regulation on Unitary Patent for Europe. The regulation creates a system where the EPO (European Patent Office) will be able to issue one single patent protecting rights in all 25 member states which opted in this system. Italy and Spain opted out of the…

In pursuance to the Cyprus – Troika memorandum of understanding, Cyprus will be obliged to abolish all exceptions for paying the Annual Levy of Euro 350. In accordance to existing rules and exceptions, the annual levy is only paid by Companies which have real activities and companies with assets in Cyprus. Abolishing the exceptions for…

P.C.Splash Water Limited, the well-known importer and distributor of POKKA Coffee, is now on track for stock exchange. The first act of this play will be the Private Offering of 7.000.000 shares of nominal value of Euro 0.25 each in the share capital of the company, offered for the price of Euro 1.20 per share…