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Progress in talks between Nicosia and the troika

Talks between the government of Cyprus in Nicosia and representatives of its international creditors on the financial sector concluded on Friday and negotiations on the fiscal front got under way with the aim of reaching a conclusion over the weekend.

Sources say that the disbursement of the next bailout tranche, amounting to 186 million euros, will depend on three factors: the voting on the regulations for the Fiscal Council, the voting on the law for the composition of the Streamlining Authority, and the submission of a report to the Organization for Economic Cooperation and Development (OECD) by the end of the month regarding the action taken over the last six months to combat money laundering.

ekathimerini.com , Friday May 16, 2014 (21:01)  
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Inside News
SOCCER
One win and one loss in Europa League
Greece had a hit and a miss in the first-leg games for the third qualifying round of the Europa League on Thursday, as Atromitos scored a 2-1 win at Sarajevo while Asteras Tripolis lost 1-0 ...
SOCCER
Goalless draw at Liege puts Greens in driving seat
Panathinaikos got the upper hand in the battle for entry to the Champions League playoffs after snatching a goalless draw at Standard Liege on Wednesday. If anything, the Greek cup holders m...
Inside Sports
COMMENTARY
In trying to conquer, Putin unites Europe
President Vladimir Putin is obliged to feign indifference to the sanctions that the European Union and the United States imposed on Russia this week. But, being the player that he is, he mus...
EDITORIAL
Our own worst enemies
A new study has come to exemplify the cliche notion that Greeks find it easier to excel abroad, where they fare much better than they do at home. According to research by epidemiologist John...
Inside Comment
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6. Libya evacuees set to reach Piraeus on Saturday
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