Agreed with the “in­sti­tu­tions”

Financial Mirror (Cyprus) - - FRONT PAGE -

5. No new in­stal­ment or other amnesty or set­tle­ment schemes nor amend ex­ist­ing schemes such as by ex­tend­ing dead­lines.

4. Guar­an­teed Min­i­mum In­come Jan­uary 1, 2017.

(GMI) cheme from 1. Nor­malise liq­uid­ity and re­cap­i­tal­i­sa­tion of banks. 2. En­hance gov­er­nance. 3. Ad­dress NPLs. 4. Grad­ual eas­ing of cap­i­tal con­trols.

4. Elim­i­nate non re­cip­ro­cal nui­sance charges (third party taxes) and align them to the ser­vice pro­vided.

5. Re­duce red tape in the fi­nan­cial ser­vices sec­tor, in­clud­ing on hor­i­zon­tal li­cens­ing re­quire­ments of in­vest­ments and on low-risk ac­tiv­i­ties.

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