Cyprus & World News

Troika meetings at the Central Bank of Cyprus

12 May, 2014

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

On Monday, the representatives of Cyprus` international lenders will meet 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 (European Commission, ECB, IMF).