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P. Petridis: Reasons for rejecting the agreement framework

By Staff
P. Petridis: Reasons for rejecting the agreement framework
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Prodromos Petridis explained the reasons why the agreement framework was not accepted. As he stated, the framework in its original form could not be accepted for three main points:

1st the legal framework was not aligned with the Cyprus issue.

2nd it did not ensure the repayment of the debt.

3rd it did not clarify how investors would acquire the shares.