Cyprus confident next bailout review will be positive

May 8, 2015 3:43 PM

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Cyprus' finance minister says he believes the country's next regular review of its bailout program will be positive, allowing rescue cash to again flow into state coffers after a months-long delay.

Harris Georgiades said Friday the review will wrap up in the next few days once "technical matters" are cleared up regarding foreclosure and insolvency laws that make it easier for banks to collect on a huge amount of bad loans.

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