
Finance ministers of the 18-member Eurogroup Monday approved to disburse another instalment of 150 million euro to Cyprus by the beginning of April. "We note with satisfaction the signs of improvement in macro-financial stability as programme implementation has progressed" in Cyprus, said the ministers in a statement after their meeting this evening. It noted that the International Monetary Fund is expected to decide on the disbursement of a further 86 million euro. The EU and IMF in 2013 agreed to bailout Cyprus with 10 billion euro to save the Mediterranean island from bankruptcy. The payments are made in installments after the review of Cyprus economic adjustment programme by the EU and IMF
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:06 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 16:17 2018 Monday ,12 November
Egypt working on 4-year plan to increase growth rateGMT 12:45 2018 Friday ,09 November
Egyptian agriculture products introduced to Japanese markeGMT 11:42 2018 Friday ,02 November
Turkey's new mega airport, boon for slowing economyGMT 13:42 2018 Monday ,29 October
Egypt's trade volume hits $67.63 bln over 9 monthsGMT 15:13 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 14:46 2018 Thursday ,11 October
Economy and energy dominate agenda in Russian-Slovak relationsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor