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The Government has backed down from its intention to update immovable property prices by applying a formula that stakeholders had said would hike up taxes many times over and would drive the economy deeper into recession.
The House plenum is due to discuss an amended bill on January 17 that will remove a provision to update property prices, which was part of the preliminary agreement between Cyprus and its international lenders.
Related News in English
Povezane vesti na srpskom
Συναφείς Ειδήσεις στα Ελληνικά