Staff teams from the IMF and the Commission, in liaison with the ECB, visited Nicosia during July 14-24 2015 to review Cyprus’s economic reform programme.
The teams have reached staff-level agreement on policies that could serve as a basis for completion of the review.
A package of measures agreed today will ensure that the European Fund for Strategic Investments (EFSI) is up and running by early autumn 2015.
After all-night discussions, eurozone leaders have come to agreement on a new reform package for Greece.
It corresponds to the first instalment under the new macrofinancial assistance programme for Ukraine, which amounts to a total of 1.8 billion in medium-term loans.