Cyprus saves 2.1% of its GDP or €0,4 billion through ESM loan

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Cyprus saves 2.1% of its GDP or €0,4 billion...
 © FamagustaGazette 2017
Cyprus' budgetary savings, generated as a result of borrowing from the ESM/EFSF instead of turning to the markets, stood at 2.1% of its GDP or €0,4 billion, according to ESM calculations published on Wednesday. The ESM contributed €6.3 billion to ...


Cyprus saves 2.1% of its GDP or €0,4 billion through ESM loan


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