Cyprus to get 100 million euro from European Stability Mechanism

The disbursement of 100 million euro to Cyprus was approved by the European Stability Mechanism (ESM) board of directors on December 18, following the positive assessment of the second quarterly review of Cyprus’s macroeconomic adjustment program and the update of the Memorandum of Understanding (MoU) by the ESM Board of Governors.

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(Photo: EUCyprus)