A double taxation agreement between Cyprus and Estonia was signed on October 15th 2012 and the agreement was approved by the Estonian Parliament on September 25th 2013. The Cyprus government ratified the agreement in February 2013.

Read more: New Double Taxation Agreement Between Cyprus and Estonia →

The Ministry of Finance and the Central Bank of Cyprus (BoC) announced on the 30th of July that the Bank of Cyprus has been fully recapitalised by the overall conversion of 47,5% of uninsured deposits into shares in the bank. That was the final stage of the bank’s resolution process and the announcement said there will be no further measures under the Resolution Law.

Read more: Completion of the Recapitalisation of Bank of Cyprus →

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