Cyprus intends to eliminate capital controls

15:21, 06 March 2015
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The Cypriot authorities plan to eliminate completely the existing restrictions on foreign bank transactions by the end of the current quarter, Governor of the Central Bank of Cyprus Chrystalla Georghadji said at a press conference following a visiting session of the Governing Council of the European Central Bank, which was held in the capital of Cyprus, Russian news agency TASS has reported.

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