Crisis: Cyprus; troika mission at Central Bank

By Friday they are expected to hand in the revised memorandum

12 May, 16:13

    (ANSAmed) - NICOSIA, MAY 12 - A Troika delegation (European Commission, ECB, IMF), which is visiting Cyprus, continued today its meetings in Nicosia, for the fourth assessment of the Cyprus economic adjustment program, as Cyprus News Agency (Cna) reported. On Monday, the representatives of Cyprus' international lenders met the Real Estate Association and the Association of Cyprus Banks at separate meetings at the Central Bank of Cyprus. By Friday they are expected to hand in the revised memorandum concerning the financial sector. Cyprus is currently implementing a 3-year fiscal adjustment program, following a bail-in deal, reached last year with its international lenders, known as the Troika.(ANSAmed).

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