Eurogroup President Jeroen Dijsselbloem has welcomed the approval of the insolvency framework by the Cyprus House of Representatives and the end of the suspension of
Tag: insolvency
Cyprus bond yields drops close to all time low
Cyprus 10- year bond yield dropped Monday close to all time low, in the wake of the approval of the insolvency framework, thus paving the
Approval of foreclosures bill to bring benefits to the economy, FinMin says
Finance Minister Harris Georgiades has expressed satisfaction with the adoption by the House of Representatives of the insolvency framework. In an interview with CNA, in
Foreclosures legislation put on hold until April 17 (1)
The plenary of the House of Representatives has voted to put on hold the implementation of a legislation on foreclosures until April 17. Thirty one
Hourican: Delay of foreclosures bill harmful for the banking system and the economy
The CEO of the Bank of Cyprus John Patrick Hourican has expressed concern over the delay in the foreclosures bill and the insolvency framework, saying
Final bill of insolvency framework at Cabinet’s meeting on March 3
The fifth and final bill of the insolvency framework will be submitted to the Cabinet on March 3, a representative of the Finance Ministry said
Government awaits Troika’s approval on final bill on insolvency framework
The fate of the fifth and final draft bill, comprising the insolvency framework, depends on the Troika of lenders, while the Cypriot government is focusing
Cabinet adopts fourth bill of insolvency framework
The Council of Ministers adopted today the fourth bill of the insolvency framework. In statements after today’s Cabinet meeting, Deputy Government Spokesman Victoras Papadopoulos said