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 seeks distance from Greek euro drama
    The centre-right Cypriot government blames former Communist President Dimitris Christofias ... on tourism and business services, often to Russian companies seeking to cut their tax bill. "The terms of the bailout destroyed vast tracks of savings," said ...
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  • Is Cyprus More Important Than You Think?
    They may be proved wrong. First ... the structure of the package merely expose the EU’s politically expedient hypocrisy. The EU, and especially Germany, wants to prevent any bailout funds flowing to Russian depositors, oligarchs or organised.
    04/21/2013 - 4:17 pm | View Link
  • Cyprus: Is there a Russian solution?
    Cyprus knocked back a bailout ... $3.1bn. Russian billionaire Dmitry Rybolovlev is the largest shareholder in the Bank of Cyprus with a 9.7 percent stake; the Bank of Cyprus has one-third of its branches in Russia. Vladimir Putin, the Russian president ...
    03/22/2013 - 8:52 pm | View Link
  • Emergency meeting after Cyprus MPs reject bank levy
    Cypriot President Nicos Anastasiades has called an emergency meeting of party leaders Wednesday in a frantic search for a viable plan B after MPs rejected the terms of an EU bailout ... Russian counterpart Vladimir Putin, amid reports Cyprus was seeking ...
    03/19/2013 - 6:37 pm | View Link
  • The Empire Of Lies: Confiscatory Deflation In Cyprus
    On December 11, 2009 we heard that "Policymakers lined up at an EU summit in Brussels ... so it was to be expected that a bailout would be put into place. Prior to the bailout, there was a lot of noise made about 'Russian oligarchs' holding large deposits ...
    03/18/2013 - 9:05 pm | View Link
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