The Troika’s back in town

South Cyprus’ Central Bank and the finance ministry can expect a visit from the troika monitoring committee to South Cyprus on July 17th, who will make its first evaluation of the memorandum implementation.

International lenders from the EU, the IMF and the European Central Bank will have contacts on the island until the end of the month. They however, have made clear that their stay will be extended in “case they are not satisfied by what they see and hear”.

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