Cyprus & World News

Troika delegation continues meetings in Cyprus

07 May, 2014

The Troika delegation, which is visiting Cyprus, continues its meetings Wednesday in Nicosia, in the framework of the fourth assessment of the Cyprus economic adjustment program.

The Troika delegation will meet with the Federation of Associations of Building Contractors Cyprus (O.S.E.O.K.) to discuss problems faced by the construction sector. They are also expected to have a meeting with the Board of Directors of the Bank of Cyprus.

Troika technocrats will conclude their contacts by May 12.

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 (European Commission, ECB, IMF).