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Optimism over insolvency framework

The last of the five bills comprising the insolvency framework was approved by the Cyprus cabinet on Friday and government spokesman Nicos Christodoulides is optimistic that Parliament will endorse the framework.

Cabinet gives the nod to fourth insolvency bill

Yesterday the Cyprus Council Ministers (Cabinet) approved the fourth of five bills comprising the insolvency framework designed to update and amend the personal and corporate bankruptcy laws.

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