Saturday, September 14, 2013

EUROPEAN UNION PARLIAMENT FINAL DECISION FOR A UNIFIED BANK REFORM AND REGULATION OF FINANCE PACKAGES IN THE EUROZONE NATIONS.

EUROPEAN UNION PARLIAMENT FINAL DECISION FOR A UNIFIED BANK REFORM AND REGULATION OF FINANCE PACKAGES IN THE EUROZONE NATIONS.

     European Union Parliament final decision for a unified bank reform and regulation of finance packages for the year 2014 untill the year 2020 in the Eurozone nations for much stronger European Union currency, the Euro became headache for foreign Investors in Europe's most favorable investment zone country of Cyprus as additional bank fees have been gradually introduced on various bank accounts in all the banks which included investment banks that had offered unlimited services with minimal charges on investors accounts with huge amounts of the domestic and foreign hard currencies, besides the requirement for interest rates adjustment to attrack more investment  and keep older Investors from fleeing the bank reform and additional bank fees charges on various accounts in Europe's most favored investnment country. However, the European Union finance package allocated for Cyprus may remain at the amount of ten billion euros in the first and final quarters of the allocation of the European Union finance assistance with relatively longer grazing time period, whether Investors and Private Believers stay, or run away from Europe's best investment country.

                                             Written by Professor Godfrey Ohia.

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