British government STOPS pension payments to expats in Cypru

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wanderer
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British government STOPS pension payments to expats in Cypru

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Post by wanderer »

British government STOPS pension payments to expats in Cyprus so government won’t seize 10% tax for EU bank bailout
Payments to British pensioners on island suspended until vote on levy
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By HUGO GYE and MARIO LEDWITH
PUBLISHED: 09:07, 18 March 2013 | UPDATED: 17:50, 18 March 2013
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Pension payments to Britons living in Cyprus are being suspended amid growing uncertainty on the island due to an unprecedented raid on bank accounts.
The payments will not be made until the country's parliament votes on the controversial levy on bank deposits, proposed as part of a £8.6billion bailout by the European Union and IMF.
Treasury Minister Greg Clark said payments had been frozen today to ensure money from the Government reaches its intended recipient.


Read more: http://www.dailymail.co.uk/news/article ... z2NvFWZWyg
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BLUE BUTTERFLY
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Re: British government STOPS pension payments to expats in C

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Post by BLUE BUTTERFLY »

Surely this will not apply to pensioners here. We are Mersin 10 TURKEY.
Remember, no matter where you go, there you are.

Grockle
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Re: British government STOPS pension payments to expats in C

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Post by Grockle »

Absolutely. The TRNC is not part of Europe so, for the time being, chill out!

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