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Greece and Cyprus might be better off out of the European common currency bloc, a Harvard Business Review report said. 
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Britain’s largest banks have a combined exposure to Cyprus of more than £1bn, raising the prospect of new losses for the lenders.
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InCyprus (blog) Bitcoin warning InCyprus (blog) The decentralised, peer-to-peer virtual currencies such as bitcoin, are produced by numerical algorithms, however, their production is done anonymously and therefore cannot be regulated by any...
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One of the big stories in the Bitcoin world these days is the crisis at Mt. Gox, the former undisputed king of Bitcoin trading.
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On the 27th of January Dr Michael Sarris[2] gave a very lucid account into the functioning of the Eurogroup, as was experienced by the Cypriot delegation during the two meetings of March 2013. The first meeting resulted in a decision for a bail-in of Cypriot banks by all depositors and the second decision of bail-in from depositors with deposits of over 100,000 euro.
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Once the preserve of cyber geeks or of dodgy traders, the virtual currency bitcoin can now not only be used to buy goods online but also pay for a degree at the University of Nicosia.
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From
rt
Following the rising popularity of online commerce the University of Nicosia is starting the first Master of Science degree in Digital Currency. The idea is to give a whole variety of students from entrepreneurs to government officials with a better understanding of the technical underpinning of digital currency.
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"Since Cyprus has not been providing the information requested by the Indian tax authorities under the exchange of information provisions of the agreement, it has been decided to notify Cyprus as a notified jurisdictional area under section 94A of the Income-tax Act, 1961," a statement from the Central Board of Direct Taxes said on Friday.
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Cyprus's former communist president and his government bear chief blame for the island's financial meltdown in March after they failed to control spending and behaved in an imperious manner, an independent judicial inquiry said on Monday.
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TRANSCRIPT AND SOURCES: http://www.corbettreport.com/?p=7219 As the Cyprus fiasco focuses attention once again on the faltering Euro, the public is finally q...
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Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation
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real utopias
Not TINA (There Is No Alternative) but TAPAS: THERE ARE PLENTY OF ALTERNATIVES
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