Banks at make-or-break point with MPs asked to deliver

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Banks at make-or-break point with MPs asked to...
 © BusinessMail 2018
By Stelios Orphanides

Five years after Cyprus agreed to the terms of its bailout and after parliament half-heartedly passed some of the agreed reforms, lawmakers are being asked to deliver yet again as the economy faces the prospect of new, serious troubles for banks.

“Politicians don’t understand what this is all about and are carried away by slogans,” said economist and former banker Marios Clerides in a telephone interview on Friday, a day after the finance ministry and the central bank officials briefed representatives of political parties and other...


This article was automatically added to our system 9-6-2018

Banks at make-or-break point with MPs asked to deliver


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