After over two weeks of discussions between the Ministry of Finance, the Ministry of Labor, the Central Bank, the Association of Cyprus Banks and other financial entities to minimize the impact of coronavirus on the Cyprus economy, white smoke has emerged with all parties agreeing that payoffs for all types of loans are to be suspended for nine months....
Baker Tilly Cyprus held its first annual restructuring summit at the Hilton Park Hotel in Nicosia, drawing on the expertise of banking professionals, company directors and restructuring specialists...
