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Europe Daily Bulletin No. 11117

9 July 2014
ECONOMY - FINANCE - BUSINESS / (ae) cyprus
ESM approves €600 million in aid for Cyprus

Brussels, 08/07/2014 (Agence Europe) - The Board of Directors of the European stability mechanism (ESM) on Monday 7 July approved the disbursement of €600 million to Cyprus following the fourth positive assessment by the troika (European Commission, European Central Bank and International Monetary Fund). ESM Director General Klaus Regling said on Monday evening that the money would be paid later this week. According to the latest follow-up report from the European Commission, this fifth...

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