Comments
Saving Cyprus: IMF approves $1.3bn rescue package
16.05.2013. | The IMF has approved a three-year, $1.3 billion loan to jump start recovery in Cyprus and restore financial credibility to its indebted banking industry.
The funds will be distributed to stabilize the banking industry, tame the debt deficit, and to restore economic growth on the island.
The IMF announced on Wednesday it had approved......
