According to a report by Worldway: The Cyprus Mail reported that the "Troika" delegation will arrive in Cyprus this week to conduct the fifth assessment of the government's implementation of the bailout agreement and its economic performance. The entire assessment process is expected to conclude on July 22. Previously, Cyprus had successfully passed four assessments, and various financial control measures are being gradually lifted. One of the focuses of this assessment is the persistently high non-performing loan (NPL) ratio in the banking sector. According to statistics from the Central Bank of Cyprus, the non-performing loan ratio in the Cypriot banking sector stands at 45%, with a total value of 27.1 billion euros.
In addition, given that Cyprus's economic performance in previous assessments has consistently outperformed expectations, some domestic political parties are actively seeking political support, preparing to unite to negotiate with the "Troika" in an attempt to revise and secure terms and targets more favorable to Cyprus's economic interests. Currently, the Cypriot government has already negotiated with the "Troika" to modify the initial requirements and targets in the bailout agreement regarding the national health plan, the banking system, and energy; the Cypriot Parliament has also legislated to amend the scope and progress requirements for the privatization of semi-governmental organizations.
