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
