Memorandum of Understanding
By Elias Hazou A REPEAT of the foreclosures’ debacle may be on the cards with the so-called insolvency framework, which according to the bailout agreement...
Government wants to sell state land at will
By Angelos Anastasiou THE GOVERNMENT has submitted a bill to the House that would allow the cabinet to decide on the sale of state land...
Opposition seeks new deal on MoU
By Elias Hazou THE HOUSE finance committee decided on Monday to table for discussion the possibility of renegotiating the memorandum of understanding (MoU) between Cyprus...
‘Remarkable’ progress in adjustment programme
By Stefanos Evripidou CYPRUS HAS made “remarkable” progress in implementing its economic adjustment programme, said new German Ambassador Nikolai von Schoepff yesterday, heaping praise on...
Sweeping changes planned for civil servants
By Angelos Anastasiou A GOVERNMENT-COMMISSIONED study by independent foreign experts evaluating the civil service proposes sweeping changes to civil servants’ working conditions, focusing on payroll,...
Race against time for bankruptcies bill
By Elias Hazou GOVERNMENT technocrats and lawmakers will be racing against time to produce a first draft of an omnibus bankruptcies bill before international lenders...
Troika focuses on NPL recovery in updated MoU
By Elias Hazou CYPRUS may still be deadlocked over the controversial foreclosures bill, but the troika of international lenders are already a step ahead with...
Right to the wire on foreclosure bill
By Angelos Anastasiou FINANCE ministry officials remained in lengthy talks with the troika of international lenders on Monday over some of the controversial provisions that...
Our View: DIKO-AKEL political gimmick could undermine reforms
DIKO LEADER Nicholas Papadopoulos has found an ingenious way to rebuild his party’s bridges with AKEL, with a view to future electoral alliances. He has...
NPL management critical to restoring economy
DESPITE the robust programme implementation in Cyprus, risks remain to the stabilisation of the economy, with the greatest challenge lying with the health of the...