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The Cyprus Council of Ministers approved a Finance Ministry decree for the mandatory use of credit cards by retail trade shops which are also obliged to notify consumers in clear manner. A press release issued by the Ministry of Finance writes that this measure is assisting the efforts to combat tax evasion, safeguarding public revenue, boosts the protections of citizens, as well as facilitating better provide services to consumers. Once the decree is published the affected companies are given a thirty-day period …
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