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Tag: European Central Bank

EU Commission approves additional staid aid for the Coop sector

December 18, 2015July 31, 2019 CNA CNA, NEWS Coop sector, Cooperative Central Bank, ECB, European Central Bank, European Commission
EU Commission approves additional staid aid for the Coop sector

The European Commission approved the additional state aid of €175 million to the Cooperative Central Bank and approved the new restructuring plan for the island`s

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Labour issues, tax and NPL on the agenda of Troika meetings

July 16, 2015July 31, 2019 CNA CNA, NEWS assistance package, Central Bank of Cyprus, Cyprus, European Central Bank, European Commission, Finance minister, Haris Georgiades, IMF, labour, meeting, npl, tax, troika
Labour issues, tax and NPL on the agenda of Troika meetings

Technocrats from Cyprus’ international lenders, known as the Troika (European Commission, the European Central Bank and the IMF), are discussing on Thursday in Nicosia issues

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Lenders continue contacts in Cyprus for the seventh programme review

July 15, 2015July 31, 2019 CNA CNA, NEWS Central Bank of Cyprus, Cyprus, European Central Bank, European Commission, financial assistance, IMF, lenders, reforms, troika
Lenders continue contacts in Cyprus for the seventh programme review

Cyprus` international lenders continue their contacts in Cyprus as part of the seventh quarterly review of the island`s €10 billion financial assistance package. Technocrats of

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BoC announces 5,5 bn euro reduction of ELA

June 11, 2015July 31, 2019 CNA CNA, NEWS Bank of Cyprus, bond, ELA, Emergency Liquidity Assistance, European Central Bank, funding, statement
BoC announces 5,5 bn euro reduction of ELA

The Bank of Cyprus has announced that the Emergency Liquidity Assistance has been reduced by €5,5 bn since its peak of €11,4 bn in April

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Troika heads continue contacts in Cyprus

May 7, 2015July 31, 2019 CNA CNA, NEWS bailout, Cyprus, European Central Bank, European Commission, hellenic bank, IMF, meeting, troika
Troika heads continue contacts in Cyprus

Troika heads continue contacts Thursday in Cyprus as part of a new mission to conclude the sixth review of Cyprus` €10 billion bailout. Jacob Friis

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President: Cyprus economy in recovery, but there is still some way to go

May 3, 2015July 31, 2019 CNA CNA, NEWS Cyprus, economy, European Central Bank, financial crisis, IMF, Limassol, Nicos Anastasiades, President, recovery
President: Cyprus economy in recovery, but there is still some way to go

Cyprus President Nicos Anastasiades said on Sunday that despite the fact that the country’s economy is recovering, there are still problems which need to be

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Cyprus bond yields drops close to all time low

April 20, 2015July 31, 2019 CNA CNA, NEWS Bank of Cyprus, bond yields, cna, Cyprus, European Central Bank, insolvency, Theodore Alepis
Cyprus bond yields drops close to all time low

Cyprus 10- year bond yield dropped Monday close to all time low, in the wake of the approval of the insolvency framework, thus paving the

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Troika returns to Cyprus between 26-29 April

April 20, 2015July 31, 2019 CNA CNA, NEWS Cyprus, economic adjustment program, European Central Bank, European Commission, insolvency framework, International Monetary Fund, review, troika, VISIT
Troika returns to Cyprus between 26-29 April

Technical groups of Cyprus international lenders, widely known as Troika, are expected to Cyprus between 26-29 April with a view to completing the fifth review

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Capital controls to be lifted before end of 1Q of 2015, says CBC Governor

March 5, 2015July 31, 2019 CNA CNA, NEWS CBC Governor, Chrystalla Georghadji, Cyprus, European Central Bank
Capital controls to be lifted before end of 1Q of 2015, says CBC Governor

Cyprus Central Bank Governor Chrystalla Georghadji has said that the very few capital controls still in place in Cyprus will be lifted very soon, before

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ECB convenes in Nicosia

March 5, 2015July 31, 2019 CNA CNA, NEWS ECB, European Central Bank, Greece, Mario Draghi, meeting, Nicosia
ECB convenes in Nicosia

The Council of the European Central Bank is meeting Thursday in Nicosia and is set to reveal details of plans to buy €1.1tn-worth of eurozone

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