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Europe Daily Bulletin No. 11340

23 June 2015
ECONOMY - FINANCES / (ae) cyprus
Eurogroup gives go-ahead to next aid disbursement

Brussels, 22/06/2015 (Agence Europe) - On Thursday 18 June, Eurogroup agreed in principle to disburse the next instalment of aid to Cyprus, to the tune of €100 million, in mid-July, once various national parliaments and the European Stability Mechanism have endorsed the decision. The IMF announced on Friday that it is ready to disburse an aid instalment of around €280 million.

Eurogroup welcomes the fact that “after repeated delays, the legal framework establishing a new foreclosure...

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