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Ï õðïõñãüò Ïéêïíïìéêþí ×Üñçò ÃåùñãéÜäçò óôç óõíåäñßáóç ôïõ Óõìâïõëßïõ ôùí õðïõñãþí Ïéêïíïìéêþí ôçò åõñùæþíçò (Eurogroup) ðïõ äéåîÜãåôáé óôéò ÂñõîÝëëåò, ÄåõôÝñá 13 ÌáÀïõ 2013.

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Eurogroup meeting to mark Cyprus’ exit from adjustment programme

A Eurogroup meeting set to take place in Brussels on Monday afternoon is expected to mark Cyprus` exit from its three-year economic adjustment programme, which officially ends on March 31.

Cyprus is the fourth country to complete an international bail out programme after Ireland, Spain and Portugal.

The small country managed to outperform its fiscal targets and to prove wrong gloomy predictions, Cyprus has used €7.5 billion from the total €10 billion granted to it in the context of its bail-out agreement.

Finance Minister Harris Georgiades has said Cyprus will not be asking for a precautionary credit line.