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Europe Daily Bulletin No. 12420

7 February 2020
Contents Publication in full By article 25 / 30
NEWS BRIEFS / Cyprus
Lifting of obligation of early repayment to ESM

06/02/2020 (Agence Europe)As it did for Greece (see EUROPE B12358A7), the European Stability Mechanism (ESM) agreed, on Thursday 6 February, to lift the obligation for Cyprus to repay the euro area's permanent rescue fund as quickly as the IMF. This measure allows Nicosia not to make a rapid repayment of €6.3 billion. The discussion on an early repayment of the loans granted to Cyprus by the ESM will take place in 2021 or 2022. The Executive Director of the ESM, Klaus Regling, said...

Contents

INSTITUTIONAL
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION
SECURITY - DEFENCE
COURT OF JUSTICE OF THE EU
NEWS BRIEFS