Brussels, 31/08/2015 (Agence Europe) - The Bank of Cyprus, the principal Cypriot bank, is suspected of deliberately stalling the restructuring of non-performing loans, so as to wait for legislation to be adopted allowing the banks to sell these loans on to other banks or to hedge funds, the daily newspaper Cyprus Mail reported on Sunday 30 August.
Recent figures of the island's central bank show that these non-performing loans stood at more than €27 billion at the end of June, a figure on...