The Bank of Cyprus completed the process of recapitalization making 47.5% of deposits uninsured shares today.
Thus, the largest lender of the country's economy fulfilled the conditions required him to leave the external control for which it was submitted. This was reported in the joint statement of the Central Bank of Cyprus and the country's finance ministry.
The largest economy in Latin America, Brazil, is facing some new challenges to put aside currency war. The iconic phenomenon gives its relevance to the balance of payments and inflation threatening to growth unchanged.
The money transfer service Paypal plans to debut in space. The company wants to start studying methods of payment beyond planet Earth when it begins to develop space tourism.
The Government of Cyprus in the course of its negotiations with creditors of the Troika (European Commission, European Central Bank and International Monetary Fund), in beginning reached an agreement on the division of the Bank of Cyprus in one commercial and other real estate.