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Cyprus News Agency: News in English, 13-05-21

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <http://www.cyna.org.cy>


CONTENTS

  • [01] UK Government and banks ready to assist local Laiki's former

    customers

  • [02] MFF at EU General Affairs Council

  • [01] UK Government and banks ready to assist local Laiki's former customers

    The UK Government is examining ways to mitigate the impact of the Cyprus banking crisis on small and medium-sized enterprises and individual former customers of Laiki UK, Financial Secretary to the Treasury Greg Clark has stated in a letter to north London MPs.

    Clark has written to Theresa Villiers, David Burrows, Nick de Bois and Mike Freer, who he met in April, to update them on the Government's actions.

    The Minister refers to the assistance the UK Trade and Investment are willing to offer through discussions with a trade delegation that Cyprus plans to send to the UK, possibly in June.

    [02] MFF at EU General Affairs Council

    Developments in the talks between the Council and the European Parliament on the Multiannual Financial Framework and the preparation of the European Council on Wednesday were discussed at the EU General Affairs Council.

    Addressing the Council Cyprus Foreign Minister Ioannis Kasoulides stressed the need for an agreement to be reached on the MFF during the Irish Presidency, noting that both the Council and the European Parliament need to cooperate for a positive outcome, so that the right messages are sent to European citizens.

    He said that Cyprus agrees with a proposal for an increased distribution of resources in the first years of the MFF's implementation, with a focus in areas such as youth employment.


    Cyprus News Agency: News in English Directory - Previous Article - Next Article
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