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Image header Agence Europe
Europe Daily Bulletin No. 11154
ECONOMY - FINANCE - BUSINESS / (ae) cyprus

Eurozone freezes aid while awaiting results

Milan, 12/09/2014 (Agence Europe) - As expected, the eurozone decided on 12 September to freeze payment of the next instalment of aid to Cyprus, whose finance minister arrived at the Eurogroup meeting that day without the required outcomes. The troika of lenders (the European Commission, the European Central Bank and the International Monetary Fund) says that the new Cypriot law on house repossession has been in effect nullified by the raft of amendments tabled in the Cypriot parliament. One...

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