Latest Headlines

All reports tagged with: "tranche"

IMF suspends Cyprus loan tranche

The International Monetary Fund (IMF) has suspended the release of rescue money for Cyprus as “critical requirements for the completion of the fifth program review are now no longer met”.

Next bailout tranche withheld

Cyprus will not receive the next tranche the €10 billion bailout from the troika of international lenders until it complies with the MoU regarding foreclosures and insolvency legislation.

IMF approves €84 million loan tranche

he Executive Board of International Monetary Fund (IMF) has confirmed Cyprus is on track with the conditions of its bailout programme, enabling the immediate disbursement of €84 million.

Property tax bill approved by parliament

A majority of Cypriot MPs have approved an amended bill to increase the rate of Immovable Property Tax, which is part of the preliminary agreement between Cyprus and its international lenders.

Back to top