Cyprus Mail
News in Brief

IMF signs off on latest Cyprus bailout review

The International Monetary Fund’s board on Monday confirmed Cyprus was on track with the conditions of its bailout programme, enabling the immediate disbursement of 84 million euros.
The bailout, which totals nine billion euros from the IMF and the European Union over three years, is meant to stabilise Cyprus’s financial system and help its economy recover. The IMF board also said it modified one of the fiscal performance criteria that Cyprus was supposed to meet by the end of June, without specifying further.



Related posts

Beer consumption up in July

Staff Reporter

Police crack down on child pornography

Elias Hazou

Reported missing since Wednesday

Evie Andreou

Worker in serious condition after fall from roof

Evie Andreou

Pair arrested for harassing ‘foster mum’ of stray dogs

Staff Reporter

Arrest over phone theft

Andria Kades

4 comments

Comments are closed.