THE GOVERNMENT HAS DEMANDED FURTHER PARLIAMENTARY DEBATES AFTER THE PARLIAMENT IN CYPRUS REJECTED THE GOVERNMENT PROPASAL TO MEET THE EUROPEAN UNION DEMAND AND INTRODUCE NEW BANK FEES.

THE GOVERNMENT HAS DEMANDED FURTHER PALIAMENTARY DEBATES AFTER THE PARLIAMENT IN CYPRUS REJECTED THE GOVERNMENT PROPOSAL TO MEET THE EUROPEAN UNION DEMAND AND INTRODUCE NEW BANK FEES.

       European Union demand of Cyprus participation in the thirty billion euros (E30billion) bailout at a ten billion (E10billion) installment payouts by the introduction of new bank fees that may qualify a none Eurpean Union member country for the European Union Finance Rescue Packages has caused further domestic and foreign protest against the European Union Finance Rescue Measures that may restore the collapsing bank system in Cyprus, but at the same time spoil the World's favorite investment country that has remained neutral and a none Eurpean Union member country, despite repeated request of the Eurozone  countries for Cyprus membership to the European Union countries. However, the Cypress government has demanded further Parliamentary debates after the Parliament in Cyprus rejected the government proposal to meet the European Union demand and introduce new bank fees as the best solution to the country's current finance crisis, particularly in the bank sector.


                                                                                  Written by Professor Godfrey Ohia.