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Image header Agence Europe
Europe Daily Bulletin No. 11029
Contents Publication in full By article 31 / 39
ECONOMY - FINANCE / (ae) cyprus

No more aid until privatisation law is on statute books

Brussels, 28/02/2014 (Agence Europe) - On Friday 28 February, the European Commission announced that the introduction by the Cypriot parliament of a law to privatise the island's public companies was a precondition for the payment of the next instalment of the Cypriot bailout.

A spokesman for Euro Commissioner Olli Rehn said that the Commission understands that the government is planning to put the draft law through parliament again.

On Thursday, the Cypriot parliament rejected by 25 to 25...

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