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| Michael Kyprianou and Co has established an enviable reputation as a broad based legal practice and its areas of practice include litigation, corporate and general commercial law, local and international taxation, banking, property, admiralty and shipping, insurance, local and international arbitration and intellectual property. Read more: The Firm | Areas of Practice |
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| Investments of $2.4bn in Ukraine
According to figures of the Statistics’ Service released by Interfax, investments in Ukraine from Cyprus rose $2.361 billion in the half, Germany - $838.9 million, Italy - $740.2 million, Russia - $645.3 million, the Netherlands - $618.3 million, Austria - $343.7 million, the UK - $275 million and Sweden - $260.9 million.
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| Cyprus central bank eases cash for banks to boost slowdown The Central Bank of Cyprus has eased the minimum liquidity reserve requirement in foreign currencies, effectively injecting millions more available cash into the banking system, just over a month after it said that the local economy appeared to be experiencing “a small slowdown in activity.”
The move is expected to release just over EUR 550 mln of liquidity into the market by Cyprus’ three largest banks.
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