This suggests a greater chance of fresh government intervention over the next month or so, Mr. Chua said, adding that any new measures are likely to target investment demand, potentially by raising transaction costs.
He said pension and provident funds will remain untouched, and there won't be any need for further salary and pension cuts, or an earlier demand by creditors for a financial transaction tax, which would have damaged Cyprus' financial services-driven economy.
Service providers pay for real-time TV services on a per-subscriber basis and for consumer purchases of a movie on-demand or a Pay-Per-View event via a transaction fee.