Cyprus Seeks More Time to Meet Targets in Talks With Troika

Cyprus Seeks More Time to Meet Targets in Talks With Troika

Simon Dawson/Bloomberg

A man holds worry beads in Nicosia. Cyprus’s central bank and troika officials met yesterday to discuss unfreezing the 40 percent of deposits above 100,000 euros held by businesses at Bank of Cyprus, said Spyros Stavrinakis, deputy governor of the Central Bank of Cyprus.