Tuesday, April 4, 2017

Cypriot Finance Minister says banking sector has healed

Bloomberg;

Cyprus Finance Minister Harris Georgiades and Cyprus Energy, Commerce, Industry and Tourism Minister Yiorgos Lakkotrypis disscuss the state of the Cypriot economy, the energy sector, the potential reunification of Cyprus, Brexit and the rise of populism in Europe. 
I have been adding to my Bank of Cyprus holdings. The underlying economy in Cyprus is allowing the bank to deal with its non performing loans and the bank continues to become stronger each quarter.

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