BRUSSELS (Reuters) - Cyprus has made progress with overhauling its banking sector and pushing through structural reforms to the economy but significant risks remain for the island, a report by the country's international lenders said on Wednesday.
Cyprus became the fifth euro zone country to receive international assistance in March, when it secured a 10 billion euro package of loans in return for reforms and an unprecedented one-off levy on large bank deposits.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
