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Statement by the EC, ECB and IMF on the Mission to Cyprus

23.11.2012 An EC/ECB/IMF mission has had productive discussions with the Cypriot authorities on the policy building blocks of a macroeconomic adjustment programme.

The authorities and EC/ECB/ IMF teams made good progress towards agreement on key policies to strengthen public finances, restore the health of the financial system, and strengthen competitiveness, so as to pave the way for the economy to return to sustained growth and financial stability.

Discussions are expected to continue from respective headquarters with a view to making further progress toward a potential programme. The preliminary results of a bank due-diligence exercise, expected in the next few weeks, will inform discussions between official lenders and Cyprus on financing solutions consistent with debt sustainability

Additional information

European Commission in Cyprus

Contact

Representation of the European Commission in Cyprus

Address

EU House

30 Byron Avenue

1096 Nicosia

Phone

work Tel.:
+357 22 81 77 70

Fax

fax Fax:
+357 22 76 89 26

E-Mail


Europe Direct Larnaca

Address

Filiou Tsigaridi

6300 Larnaca

P.O. Box 40045

Phone

work Tel.:
+357 24 62 09 93

Fax

fax Fax:
+357 24 62 09 93

E-Mail


Europe Direct Limassol

Address

corner Athinon and Nikos Xiouta str.

3040 Limassol

Phone

work Tel.:
+357 25 00 20 44 and +357 25 00 20 27

Fax

fax Fax:
+357 25 00 27 63

E-Mail


Europe Direct Pafos

Address

26, 25th of March str.

8100 Pafos

Phone

work Tel.:
+357 26 93 55 00

Fax

fax Fax:
+357 26 91 10 32

E-Mail


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  • Last update: 29 | 01 | 2013