Taxing bank profits is a ‘dangerous approach’, President says

President Christodoulides has warned against proposals to tax excess bank profits, calling the parliamentary discussion a “dangerous approach” during a speech at the annual general meeting of the Cyprus Land and Building Developers Association on Thursday. Christodoulides said that while banks “must do what they ought to,” policymakers should be “particularly careful of approaches that … Continue reading Taxing bank profits is a ‘dangerous approach’, President says