Fri, Jan 30, 2015
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

Cyprus approves sovereign wealth fund

Posted on 25 March 2013

The Cypriot parliament passed emergency legislation relating at setting up the groundwork for a bailout deal. These bills include the creation of a sovereign wealth fund, nationalization of pension assets and imposing strict limits on the movement of capital.
The Eastern Mediterranean Sea has offshore gas deposits; capital-intensive infrastructure is needed to extract the gas and transport it. The future sovereign wealth fund of Cyprus has a long way to go to receive funding from offshore gas deposits………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15635 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
M T W T F S S
« Dec    
 1234
567891011
12131415161718
19202122232425
262728293031