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Cyprus Finance Minister Constantinos Petrides assured that the government will not reinstate the Cyprus Investment Scheme either in the same of similar form of the one terminated following a video released by Al Jazeera network and the ensuing reaction by the European Commission. “A scheme associated with the previous one cannot be implemented again; the systematic granting of citizenship after a predetermined investment amount without a demand for a connection of the investor with the country in the form of permanent …
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