login
login
Image header Agence Europe
Europe Daily Bulletin No. 11100
Contents Publication in full By article 14 / 33
ECONOMY - FINANCES - BUSINESS / (ae) cyprus

Nicosia considering return to money markets later in month

Brussels, 12/06/2014 (Agence Europe) - On 11 June, the president of Cyprus, Nicos Anastasiades, said at a gala organised by the International Merchant Navy Chamber: “As a direct result of the corrective measures taken by the Cyprus government, some of which have admittedly been quite painful, it is expected that by the end of this month Cyprus will be able to return to the international financial markets, a full year ahead of schedule”. Cyprus has been in receipt of international financial aid for a little over a year now. It is planning to issue bonds totalling €500 million later this month. The Cypriot government has instructed Deutsche Bank, Goldman Sachs International, HSBC, UBS Investment Bank and VTB Capital to organise the bond issuance on the global markets, the first for Cyprus since May 2011. (EL)

Contents

SECTORAL POLICIES
ECONOMY - FINANCES - BUSINESS
INSTITUTIONAL
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU
CALENDAR OF EVENTS