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Angloinfo World: Money

Archive for 'Cyprus' Category

Cyprus removes limit on cash withdrawals

By Angloinfo World editor - Tuesday, April 1, 2014

Cyprus removed the daily cash withdrawal limit (€300 per person and €500 per legal entity) from bank accounts last Friday, one year after limits were imposed by the government to… Read more…

Cyprus: S&P Raise Economic Status

By Angloinfo World editor - Tuesday, December 3, 2013

The economic ratings agency Standard & Poor have raised Cyprus’ credit ratings to ‘B-/B’ from ‘CCC+/C’ on receding risks to near-term debt service; the outlook is “stable” say S&P. S&P… Read more…

Taxing Times in Cyprus

By Angloinfo World editor - Monday, June 17, 2013

Expats in Cyprus have not in recent times been exposed to excessive taxes but that’s about to come to a halt as a consequence of the banking crisis. “Under the… Read more…

Cyprus Reduces Money Control

By Angloinfo World editor - Monday, April 29, 2013

In an important move for businesses and individuals on the island of Cyprus, the Finance Ministry announced on 25 April that it had raised the limit on business payments and… Read more…

Cyprus Relaxes Capital Controls… But May Need 6 Billion More Euros for Bailout

By Angloinfo World editor - Friday, April 12, 2013

Cyprus has relaxed controls over the movement of money in order to help out businesses that have been hand-cuffed by the recent financial restrictions. The capital controls will be lifted… Read more…

Some Good News for Ex-Laiki UK and Bank of Cyprus UK Customers

By Angloinfo World editor - Tuesday, April 9, 2013

In a statement on the UK’s Financial Conduct Authority (FCA) website (one of the UK’s new banking regulatory authorities) there is clarification for customers of Laiki Bank UK and Cyprus… Read more…

AngloINFO Poll Reveals Banking Fears Run Throughout EU Community

By Angloinfo World editor - Tuesday, April 2, 2013

During the week after the initial outbreak of the Cyprus financial crisis AngloINFO – the world’s largest network of websites for English-speakers living abroad – carried out a poll of… Read more…

Currency Advice for Travellers Heading to and from Cyprus

By Angloinfo World editor - Monday, April 1, 2013

Banks in the Republic of Cyprus have now re-opened and it is possible for visitors to Cyprus to use ATMs, debit and credit cards as normal. Limits have been imposed… Read more…

Cyprus Banks Reopen Under Tight Security and Controls

By Angloinfo World editor - Thursday, March 28, 2013

After almost two weeks of closure, banks on Cyprus are preparing to open under armed guard. However there will be strict controls over access to money. An English version of… Read more…

Payment to UK Pensioners in Cyprus to be Held in the UK

By Angloinfo World editor - Wednesday, March 27, 2013

On 18 March, the UK Government announced a decision to ‘hold’ payments of pensions or benefits to British nationals in Cyprus while banks in Cyprus remain closed. That decision is… Read more…

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Angloinfo World: Money is part of the Angloinfo World blog series which brings you news and views from around the globe on issues which affect expats like you. More Info

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