The deadline we were advised was 12th November for Cyprus to reach an agreement with the Troika for its’ bailout (intimated to be between €11 and €16 billion).
It seems time is running out….
Yesterday’s talks were open ended, but it was unlikely that a deal was imminent, a senior Cypriot official told Reuters on condition of anonymity. Also Finance Minister Vassos Shiarly is due to leave for Brussels on Monday.
Read the remainder of the article here in the Cyprus Mail