On Sunday 24 March 2013, Cyprus agreed to an aid package of �10 billion from the European Union and the International Monetary Fund.
As a result of the agreed deal, the banking sector of Cyprus will undergo a restructuring as follows:
Banks have been closed for more than a week and are expected to open tomorrow. However, capital controls are expected to be in place in order to avoid a run on the banks.Back to News
Maastricht University - 5th Global Tax Policy Conference: Tax Policy after BEPS, what can be expected? On 6 September 2019 at the Royal Museums of Arts and History in Brussels, Prof. Dr Hans van den Hurk, chairman of the Annual Global Tax Policy Conference of the Maastricht Centre for Taxation (Maastricht University) with his esteem speakers are addressing the above question.Read more