According to the Cyprus News Agency, the troika team is expected to remain in Cyprus until 14th November during which time it will discuss the new insolvency framework with the Cypriot authorities.
The framework, which is designed to protect vulnerable groups from foreclosure as a consequence of the economic downturn, is expected to be ready by the end of the year.
The government is already in discussions with the political parties on the bills comprising the framework and has requested each of the parties to nominate an expert. AKEL has refused to send an expert.