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Europe Daily Bulletin No. 11111

1 July 2014
Contents Publication in full By article 13 / 29
ECONOMY - FINANCE - BUSINESS / (ae) cyprus
Multi-faceted task of nursing banks back to health

Brussels, 18/06/2014 (Agence Europe) - Encouraged by the successful return to the global money markets, the Cypriot authorities are planning to get the country's banks to follow suit in the very near future - ahead of the release of the European Central Bank's Asset Quality Review and the European Banking Authority's bank stress test results in the autumn. The Cypriot government will overhaul the legal system to ensure that the banks' recovery is not hampered by excessive toxic loans and to...

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