Cyprus' president on Thursday defended his government's decision to seek financial aid from the island nation's eurozone partners while at the same time asking for a loan from Russia, insisting ...

Topics:  russia   eu   loan   cyprus president   
BING NEWS:
  • Cyprus bailout plan hits Russian economic model
    Finance Minister Anton Siluanov said it’s wrong to make investors pay for the banks’ problems. “I don’t pity our businessmen,” he assured reporters. Few would argue that most of the Russian money in Cyprus ... its seeking to influence EU affairs ...
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  • Is Cyprus More Important Than You Think?
    The world has now convinced itself that Cyprus is simply not systemically important. They may be proved wrong ... the EU’s politically expedient hypocrisy. The EU, and especially Germany, wants to prevent any bailout funds flowing to Russian depositors ...
    04/21/2013 - 4:47 pm | View Link
  • Cyprus dreams left in tatters
    To invest in the Greek-speaking south was seen as safe – all the more so since it joined the EU in ... terms with Cyprus, sharing the Orthodox faith. But these days it goes a lot further than that. In 2011, Cyprus’s then president, the Russian-speaking ...
    03/24/2013 - 3:25 am | View Link
  • Cyprus And EU Bailouts
    The European Union could help with a bailout ... though its president was an archbishop of the Greek Orthodox Church at that time. So they have a long relationship. But the -- I think the ultimate issue is there's already a Russian loan to Cyprus of ...
    03/20/2013 - 1:00 pm | View Link
  • Next moves for Cyprus?
    “The ball is now really in Cyprus’s court,” Eurogroup President ... of a bailout from the EU, raising the risk of default and a bank crash. Cypriot Finance Minister Michael Sarris said he had not reached a deal at a first meeting with his Russian ...
    03/20/2013 - 3:42 am | View Link
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