articles | 01 April 2016

Bailout exit marks new day and new responsibilities, president tweets

Cyprus' exit from the economic adjustment programme marks a new day and new responsibilities, President Nicos Anastasiades said in a twitter message recently.

The three-year bailout programme officially expired on March 31 2016.

Cyprus was the fourth euro area member state to exit its bailout following Ireland, Spain and Portugal. The island used €7.25bn of the total €10bn earmarked in the bailout.

Source: Cyprus Mail

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