Cyprus ready to negotatiate with the Troika

Cyprus delivered to the Troika its comprehensive proposal and will invite it to come to Cyprus for a negotiation, the Government Spokesman Mr Stefanos Stefanou (foto) said, noting that there is ample time to reach an agreement with the Troika before the milestone of 12 November. Speaking to the press, at the Presidential Palace, Mr Stefanou…

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Fiscal deficit of the Cyprus will reach around 4.5%

“According to the preliminary data for July, it seems that things are improving compared to the previous months”, the Government Spokesman Mr Stefanos Stefanou stated regarding public finances. Invited to explain a previous statement he made regarding the fiscal deficit, the Government Spokesman said: “without taking measures and based on the data for the first…

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Statement by the Eurogroup President, Jean-Claude Juncker

I welcome the significant progress achieved in the preparation of the second Greek adjustment programme. I particularly welcome the detailed assessment of the Troika  that Greece has implemented all agreed prior actions in a satisfactory manner. The Eurogroup urges the Greek authorities to continue demonstrating strong  commitment and to keep up the implementation momentum by…

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