login
login

Europe Daily Bulletin No. 11176

15 October 2014
ECONOMY - FINANCE / (ae) cyprus
ESM loan - tranche will be paid when Nicosia has done its bit

Luxembourg, 14/10/2014 (Agence Europe) - The European Stability Mechanism (ESM) is standing by to pay out a tranche of financial aid once Cyprus has stuck to its side of the bargain, Klaus Regling, director general of the Eurozone rescue fund, said on 13 October after the meeting of the Eurogroup. He added that the exact sum would depend on the results of the asset quality review carried out by the ECB. The total ESM payment could be as high as €1.35 billion, he said. As the President of...

Contents

ECONOMY - FINANCE
SECTORAL POLICIES
EMPLOYMENT - SPORT
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU
INSTITUTIONAL