The Troika aren't just into Greece, they've also got Cyprus to deal with

Reuters reports that they have reached a staff level agreement on policies that could aid the completion of the review

  • Says Financial situation of Cypriot banks is gradually improving
  • Seeing tentative evidence that the slow pace of debt restructuring is picking up
  • Increasing the pace of reform will be essential
  • Addressing the levels of non-performing loans remains the number one priority

If you're looking for contagion from Greece then Cyprus is where you should turn your gaze to