Eurogroup Grants Cyprus Further € 1.5bn

Politics ♦ Published: September 13, 2013; 14:42 ♦ (Vindobona)

Payments will be made at the end of September

Eurogroup Grants Cyprus Further € 1.5bn / Picture: © Vindobona.org

The Eurogroup has approved the payment of a further € 1.5bn for Cyprus. This was announced by head of the authority Jeroen Dijsselbloem today after a meeting with the Eurozone’s finance ministers in the Lithuanian capital Vilnius. The funds from the current aid program for the Mediterranean country are supposed to be transferred at the end of September after all technical conditions…