久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
World
Home / World / Europe

Cyprus lifts ban on casinos to kickstart economy

Agencies | Updated: 2013-04-02 09:38

Cyprus lifts ban on casinos to kickstart economy

A man walks past a branch of Bank of Cyprus in Nicosia March 31, 2013. [Photo/Agencies]

NICOSIA - Cyprus plans to lift a ban on casinos and offer firms tax exemptions on profits reinvested on the island under a package of reforms to kickstart its ailing economy, its president said on Monday.

The country's euro zone partners agreed on a 10 billion euro rescue package last Monday after weeks of tense negotiations that showed the debt crisis racking the 17-nation currency union is far from over.

The tough terms of the deal look set to deepen the island's recession, shrink its banking sector and lead to thousands of job losses, while the capital controls imposed to prevent a run on Cypriot banks may test the ties that bind the single-currency bloc as a whole.

President Nicos Anastasiades, who briefed ministers on the economy at an informal meeting on Monday, said the 12-point growth plan would be put to the cabinet for approval within the next 15 days.

The programme includes measures to attract foreign investment to the island - a hub for offshore finance - as well as tax exemptions on business profits reinvested there, and the easing of payment terms and interest rates on loans.

With about 68 billion euros in its banks, Cyprus has a vastly outsized financial system that attracted deposits from abroad, especially Russia.

In a bid to attract more tourists to the south of the island, it also hopes to lift a ban on casinos, which so far only operate legally in Turkish-controlled northern Cyprus.

Speaking to reporters after a memorial service to commemorate the 1955 armed campaign against British rule, Anastasiades said the government would focus on "growth and incentives for growth".

Cyprus's bailout is the first to impose steep losses on depositors with more than 100,000 euros in their accounts, and is expected to hit business activity especially hard.

Asked to make a forecast on the likely depth of recession Cyprus faces, government spokesman Christos Stylianides said: "It's not possible at this time to put numbers on the recession."

"The government, having inherited an atomic bomb, tried to deactivate it and in doing so spared this country from total bankruptcy. It is now dealing with a post-earthquake period with the aim to kickstart the economy," he said.

Stylianides said the cabinet discussed pending issues in the country's negotiations with its international lenders relating to the financial sector, fiscal adjustment measures, structural measures in the public sector and energy issues.

He said Anastasiades would also chair a meeting of party leaders at 1800 GMT on Monday to brief them on the matter.

Under the bailout deal, major depositors in Cyprus's biggest lender, Bank of Cyprus, will lose around 60 percent of savings above 100,000 euros.

The country's banks reopened on Thursday after a nearly two-week hiatus aimed at averting a bank run, but the ripple effect of their closure is likely to strangle business on the island for a long time to come.

There are also concerns that depositors in other struggling euro zone nations could take fright at the conditions imposed on Cyprus, although there have been no signs of bank runs.

The capital controls imposed on the country raise questions about the long-term viability of the euro.

There is also the risk that euros on the island may be valued differently to those in the rest of the bloc due to them being less liquid as a result of the controls.

Anastasiades has defended the rescue deal as painful but essential, saying that without it, Cyprus had faced certain banking collapse and risked becoming the first country to be pushed out of the European single currency.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 久久国产成人福利播放 | 香港三级88久久经典 | 99精品一区二区免费视频 | 国产一区成人 | 亚洲高清无在码在线无弹窗 | 日本黄色大片在线播放视频免费观看 | 午夜福利国产一级毛片 | 国产99视频在线 | 国产欧美日韩在线观看一区二区三区 | 久草精彩视频 | 男的操美女 | 波多野结衣一区二区 三区 波多野结衣一区二区三区88 | 国产看午夜精品理论片 | 久久国产影视免费精品 | 114一级毛片免费 | 欧美日韩在线视频一区 | 欧美一级毛片无遮无挡 | 国产美女精品一区二区三区 | 国产欧美日韩亚洲精品区2345 | 亚洲 自拍 另类 欧美 综合 | 国产精品香蕉一区二区三区 | 成年女人免费又黄又爽视频 | 亚洲欧美一区二区三区在线观看 | 九九热播视频 | 久久精品成人国产午夜 | 日韩欧美毛片免费看播放 | 久久99亚洲精品久久久久99 | 99精品视频在线免费观看 | 最新精品国产 | 五月色婷婷综合开心网亚 | 97久久草草超级碰碰碰 | 亚洲日本高清成人aⅴ片 | 久久的精品99精品66 | 亚洲成a人片在线v观看 | 久草免费资源站 | 91精品自在拍精选久久 | 亚洲毛片 | 亚洲一区二区三区免费在线观看 | 久久国产美女免费观看精品 | 成熟的女性强烈交性视频 | 国产激情视频在线 |