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flag Cyprus sets new interest rates of 5.5% for public and 6% for judicial overdue payments starting Jan 1st.

flag Cyprus' Finance Minister, Makis Keravnos, announced new interest rates effective January 1st. flag The public interest rate for overdue payments will be 5.5%, while the judicial interest rate will be 6%. flag These rates were set through decrees issued on Monday and will standardize interest calculations for delayed payments and legal financial matters.

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