International Monetary Fund approves another tranche of €126 million for Cyprus

Market news

24 September 2015

International Monetary Fund approves another tranche of €126 million for Cyprus

The International Monetary Fund (IMF) has approved another tranche of €126 million for Cyprus, noting that the country's reform programme continues to be "a success."

IMF Deputy Managing Director Mitsuhiro Furusawa said that the country's economy recovered better than expected in the first half of the year.

Bill Gross, fund manager at Janus Capital: the Fed should start raising its interest rates immediately

Germany: IFO - Expectations , September 103.3 (forecast 101.5)

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