Cyprus minister: lenders successfully conclude mission

Pedestrians walk by the sea during heavy rain fall in the southern city of Larnaca, Cyprus, Friday, May 9, 2014. (AP Photo/Petros Karadjias)

NICOSIA: International lenders have successfully concluded a fourth review of Cyprus's bailed-out economy, the island's finance minister said on Saturday.

"It was noted that progress was achieved in all sectors of the economy," Finance Minister Haris Georgiades told reporters. Cyprus required a 10-billion-euro bailout from lenders in March 2013 and is following a three-year economic adjustment programme.





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