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Image header Agence Europe
Europe Daily Bulletin No. 11368
Contents Publication in full By article 14 / 21
ECONOMY - FINANCE / (ae) cyprus

Financial support plan - creditors give seal of approval again

Brussels, 28/07/2015 (Agence Europe) - The three 'institutions' (European Commission, ECB and IMF) representing the inter-institutional creditors of Cyprus have reported a positive outcome to their monitoring mission, but stress the urgent need to deal with the issue of non-performing loans in the banking sector.

In a joint declaration, the institutional trio lays down its conclusions from the monitoring mission carried out on the island between 14 and 24 July, on which an agreement with...