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   
  • The Russians Actually Got Their Money Out of Cyprus
    From a Globe & Mail reprint of the Reuters article: “As new President Nicos Anastasiades hesitated over an EU bailout that has wrecked Cyprus’s offshore financial ... What precisely is wrong with Russian money, as such? Does the ECB really believe ...
    03/25/2013 - 1:00 pm | View Link
  • How Russia Can Save Cyprus and the Euro (for a Steep Price)
    RELATED: What Went Wrong in ... Threat Did 11 Russian Spies Pose? The Greek news site Ekathimerini reported yesterday that the idea of a Russian naval port might be one of the concessions that Russians are seeking in exchange for bailout funds.
    03/21/2013 - 3:00 am | 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 - 3:39 am | View Link
  • Eurozone crisis live: Cyprus crisis deepens as MPs reject bailout terms
    Incidentally.... in the comments below Masistios argues that the EU ... the bailout talks from the outset, bail-in arrangements for Russian depositors in Cypriot banks might have been negotiable. Instead, Moscow was presented with a fait accompli ...
    03/19/2013 - 9:07 am | View Link
  • Two Cheers for Cyprus
    A group of demonstrators hold an anti-bailout rally ... size of its economy, Cyprus has an enormous banking sector swelled with the deposits of wealthy foreigners, mostly Russians. Is it wrong to assume that Russian millionaires seeking offshore banking ...
    03/18/2013 - 3:01 am | View Link
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