Leaked document shows deep IMF concerns about Cyprus bail-out

IMF headquarters in Washington DC

The International Monetary Fund (IMF) executive board yesterday approved its €1 billion contribution to Cyprus's €10 billion financial support package, provided in conjunction with the European Union's European Stability Mechanism, which will stump up the remaining €9 billion.

The three-year programme is aimed at helping Cyprus stabilise its financial system and achieve fiscal sustainability, following the collapse of its two dominant banks earlier this year, an event that lead to a bail-in of t

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: