Crisis: Troika starts today at Cyprus Central Bank

The 4th mission review of the country's adjustment programme

06 May, 11:48

    (ANSAmed) - NICOSIA, MAY 6 - A delegation of Troika technocrats have kicked off work today at the Central Bank of Cyprus (CBC), in the framework of the fourth mission review of the country's adjustment programme. CBC Spokesperson Aliki Stylianou said that the meetings will focus on developments in the banking sector and the regulatory framework. Moreover, discussions will also dwell on restrictive measures on financial transactions, compliance of Cypriot banks with new CBC directives and progress in the handling of NPLs.

    Troika officials are also talking to the Health Ministry on reforms of the health system. Later in the afternoon, the Troika delegation will meet with the Consumers' Association and the Association for the Protection of Borrowers. Stylianou said moreover that during the next days and up until the end of the week, meetings will focus on the implementation of restructuring plans of financial institutions. (ANSAmed).

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