Cypriots make cash gift to gov’t as they fail to exchange Cyprus pounds: official

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Cypriots make cash gift to gov’t as they fail...
 © Parikiaki 2018
NICOSIA, Dec. 30 (Xinhua) — Cypriots will make a cash gift of millions to their government on Monday, New Year’s Day, by having failed to exchange their old Cyprus pound banknotes with euros, the current legal tender for payments, a Central Bank of Cyprus (CBC) official said Saturday.

CBC spokeswoman Aliki Stylianou told the state television that CBC statistics show that people have in their possession old Cyprus pound banknotes, which are no longer legal tender, worth 67 million euros.

“Those who hold pound banknotes could physically take them at the Central bank...


Cypriots make cash gift to gov’t as they fail to exchange Cyprus pounds: official


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