Cyprus Co-operative Bank will be healthier without a massive NPL problem. Already it has managed to cut down on the number of branches and reduce its staff, but now the big step is finding investors with the right kind of portfolio to move banking forward....
President of the House of Representatives Demetris Syllouris, in Georgia on the first official visit by a Cypriot House Speaker to the country, has expressed his wish to enhance ties with the Georgian parliament....
Finance Minister Harris Georgiades says responsible borrowers deserve help, but draws the line where strategic defaulters take advantage of loopholes and don't repay their loans...
