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Cyprus sets new interest rates of 5.5% for public and 6% for judicial overdue payments starting Jan 1st.
Cyprus' Finance Minister, Makis Keravnos, announced new interest rates effective January 1st.
The public interest rate for overdue payments will be 5.5%, while the judicial interest rate will be 6%.
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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Chipre fija nuevas tasas de interés del 5,5% para el público y del 6% para los pagos judiciales atrasados a partir del 1 de enero.