epa04143038 (FILE) A file photo dated 18 May 2011 showing the sign and name of the International Monetary Fund at the entrance of the Headquarters of the IMF, also known as building HQ2, in Washington, DC, USA. The International Monetary Fund (IMF) on 27 March 2014 offered Ukraine between 14 and 18 billion dollars in loans over two years to help the country avoid financial collapse after months of unrest that culminated in Russia's annexation of the Crimean Peninsula. Ukraine's interim leaders, who came to power after three months of pro-European Union protests that forced president Viktor Yanukovych to flee the country in late February, have already started discussing a series of reforms aimed at stabilizing the economy. Measures announced by interim prime minister Arseniy Yatsenyuk on Thursday include axing 24,000 public sector jobs and special pensions for members of the judiciary and the military, as well as a 50-per-cent increase in gas prices, starting on May 1. EPA/JIM LO SCALZO

Home Featured

IMF Board set to approve last tranche for Cyprus þ

Sports Editor

The IMF`s Executive Board convenes on Friday to discuss the ninth review of Cyprus` adjustment programme.

According to reliable sources, the review will be positive, unlocking the last tranche under Cyprus` bailout programme signed about three years ago.

So far the IMF has disbursed 882 million euro to Cyprus, out of one billion euro of its total contribution to the bailout.

22 January, 2016

Go back

Cookie use

The default cookie policy on this website is set to "allow all cookies". However, you can change your settings at any time by clicking on Change Settings in your browser. Our cookies do not contain any personal or sensitive information and we only use them to improve the customer experience of the website. If you are happy to continue using the website without changing these settings you consent to our default cookie policy.

Cookie Policy Accept