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Cyprus , Friday 17 April 2026

‘Strategic Investments’ law passed, raises concerns over ministerial discretion

Published on: Thursday 13 July 2023

‘Strategic Investments’ law passed, raises concerns over ministerial discretion The House on Thursday passed a law that fast-tracks ‘strategic investments’ and regulates licensing procedures and timeframes, but some MPs decried the discretionary powers given to the minister and senior civil servants. The bill – initially drafted by the previous government – passed with 34 votes for and 18 against.…



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