Cyprus Economy

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Cyprus Economy

Road signs stand against the backdrop of the central entrance of the Bank of Cyprus. Limassol, Cyprus, Friday, September 16, 2022. US private equity firm Lone Star is not giving up on buying Bank of Cyprus, with senior officials in Nicosia to negotiate with stakeholders. Despite seeing three cash offers rejected by the island’s biggest lender and scepticism from financial authorities, the fund appears determined to push for a deal to acquire the bank. (Photo by Danil Shamkin/NurPhoto)


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