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The Central Bank of Cyprus (CBC) has indicated that deposit rates in Cyprus remain below those observed across the eurozone, even as lending rates present a more mixed picture across different categories.   According to the CBC’s latest data, the average interest rate for new housing loans in Cyprus stood at 3.04 per cent in February, compared with a higher eurozone average of 3.41 per cent. For household deposits with a maturity of up to one year, the average rate reached 1.

Licensed betting operators in Brazil have avoided the introduction of a 15% tax on player deposits after the Chamber of Deputies voted to strip the provision from the Antifaction Bill prior to its approval on Tuesday. The proposal, known as CIDE-Bets, had originally been included in the bill passed by the Senate plenary in December. At that stage, the legislation not only sought to strengthen penalties against criminal organisations but also introduced a 15% levy on deposits