Cyprus is not eligible for ECB`s quantitative scheme and there could not be any exceptions, Governor of the Central Bank of Cyprus Chrystalla Georghadji has said.
The details of ECB`s programme were unveiled on Thursday by its President Mario Draghi, in Nicosia, after the Governing Council of the ECB concluded its meeting there.
“Countries like Cyprus, which are under programme must have a positive review by the troika to benefit from the (QE) programme” Georghadji told a press conference she held with Draghi.
more later
CNA/KD/MM/2015
ENDS, CYPRUS NEWS AGENCY