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Cyprus News Agency: News in English, 13-04-26
CONTENTS
[01] North London MPs ask UK Government to see into Laiki UK's affected
customers
[02] House Speaker to visit Moscow
[01] North London MPs ask UK Government to see into Laiki UK's affected
customers
North London's Barnet MPs Theresa Villiers and Mike Freer have expressed
their satisfaction with the UK Government's decision to protect customers
of Laiki UK, following a meeting with the Financial Secretary to the
Treasury Greg Clark at the beginning of the week. At the same time,
following representations by many of their constituents, they encouraged
him to explore ways of protecting businesses with loans and overdraft
facilities in the bank, which were not included in the transfer of
accounts to Bank of Cyprus UK.
Clark agreed to brief the MPs regularly and to look at what assistance UK
banks could be encouraged to provide to personal customers of the Laiki
Bank in the UK as well as to small and medium sized enterprises affected
by the recent developments. Laiki UK's savings accounts were transferred
to Bank of Cyprus UK, with the exception of loans and accounts that had
made use of the overdraft facility. The Treasury minister also agreed
to liaise with colleagues at the Department of Business Innovation and
Skills to see what support for investment in Cyprus by British companies
and vice versa could be offered.
The meeting was attended by fellow north London MPs Nick de Bois and
David Burrowes, along with the leaders of the National Federation of
Cypriots in the UK.
[02] House Speaker to visit Moscow
Cyprus House Speaker Yiannakis Omirou is set to visit Moscow in July at
the invitation of the Chairman of the State Duma of the Russian Federation
Sergey Naryshkin.
Omirou had a meeting Thursday with the Russian Ambassador to Cyprus
Vyacheslav D. Shumskiy who conveyed an invitation to the House Speaker
to visit the Russian capital.
According to an official statement, Omirou and a House delegation is
set to pay Moscow a visit the first week of July.
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