New IMF Tranche Takes Cyprus Bailout To One Billion Euros


The International Monetary Fund on Wednesday approved the disbursement of 126.3 million euros ($137.4 million) to Cyprus after the eurozone member passed its ninth and penultimate review of its bailout programme.“Completion of the review would make about 126.3 million euros available to disbursement, which brings total disbursements under the programme to about one billion euros,” said the IMF.

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