04/08/2003 15:14
The Cyprus Central Bank has announced the lifting of certain exchange restrictions, in the context of the preplanned gradual lifting of all restrictions by Cyprus' accession to the European Union in May 2004.
A Central Bank press release notes that the lifting of the restrictions is occurring earlier than the deadline agreed on with the EU and will have an immediate effect.
As the CNA reports, the restrictions lifted concern current international exchanges, personal expenses, international cards, capital transfers and exchange restrictions for non-residents of Cyprus.
A Central Bank press release notes that the lifting of the restrictions is occurring earlier than the deadline agreed on with the EU and will have an immediate effect.
As the CNA reports, the restrictions lifted concern current international exchanges, personal expenses, international cards, capital transfers and exchange restrictions for non-residents of Cyprus.
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