Foreign universities law , ‘a game changer’
The Cabinet has approved a law amendment that will allow foreign universities to establish fully operational institutions in Cyprus, awarding degrees from their countries of origin.
The Cabinet has approved a law amendment that will allow foreign universities to establish fully operational institutions in Cyprus, awarding degrees from their countries of origin.
Disy MP Averof Neophytou proposed a legislative amendment to provide partial restitution to those who lost their bank savings in the 2013 ‘haircut’. The Solidarity Fund, which has cash reserves of about €200 million, could immediately pay out €8,000 for every €100,000 lost in the haircut. The Solidarity Fund was initially allocated €55 million in start-up funds and aims to provide relief to legacy Laiki depositors and bank bondholders affected by the 2013 bail-in.
The 2024 Amendment Law on Primary and Secondary Education in Cyprus has been passed, extending free compulsory pre-primary education from the age of four.