Displaying items by tag: cyprus

Today, the International Monetary Fund stated that Cyprus will probably experience growth in 2015, but warned that its future was abated by increasing faulty loans and the turmoil in the Ukraine, according to reports.

The European Bank for Reconstruction and Development (EBRD) stated in a press release today, its plans to invest an amount up to 120 million euros in the Bank of Cyprus, regarding the Bank's 1 billion euro capital increase.

Cypriot President Nicos Anastasiades is wrapping up his Athenian trip and will return home this evening.