CYPRUS APPROVES THE M.O.U. WITH TROIKA. INTERNATIONAL BUSINESS SECTOR UNSCATHED.
The Cyprus Parliament has recently approved the memorandum of understanding agreed by the Cyprus Goverment and the European Commission, the European Central bank and the International Monetary fund (collectivley called TROIKA). Despite the unprecedent 'haircut' of the deposits of Laiki Bank and Bank of Cyprus, which the majority of their clientelle are local people, the International [...]