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Deal reached on Immovable Property Tax

A last minute deal has been reached by Cypriot MPs on the Immovable Property Tax for 2014 and a bill has been passed with 53 votes in favour and just one against according to reports.

Revised Memorandum of Understanding (Updated)

Update 11 November. Updated MoU available. Earlier today the Finance Minister and the Troika agreed an updated MoU; discussions included the avoidance of mass and uncontrollable liquidations resulting from non-performing loans.

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