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Troika expected in Cyprus 27 Jan

The Troika of Cyprus’ international lenders – the European Commission, European Central Bank and the International Monetary Fund – are expected to return to Cyprus on 27th January.

The unloved nature of foreclosed assets

At the end of Cyprus’ ‘Minsky Moment’ banks will end up being the owners or economic owners of a sway of foreclosed assets ranging from individual plots of land to sizeable commercial assets.

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