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   
  • Is Cyprus More Important Than You Think?
    They may be proved wrong. Firstly ... 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, such as oligarchs or organised.
    04/7/2013 - 1:00 pm | View Link
  • 'Thieves': Russia savages EU after Cyprus gets £8.5billion bailout deal which could see richest investors losing 40% of savings
    A spokesman for Russian President Vladimir Putin says the president has asked the government to restructure a 2.5 billion euro ($3.2 billion) loan to the country. Cyprus ... approve the bailout deal, which might take another few weeks. EU officials said ...
    03/25/2013 - 12:57 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
  • The Empire Of Lies: Confiscatory Deflation In Cyprus
    At this point it should be made clear that there is, of course, nothing wrong in principle ... 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 ...
    03/18/2013 - 5:05 pm | View Link
  • Russian money in Cyprus hit by savings seizure
    Like all deposits in Cyprus, that money is expected to be taxed as part of a bailout deal that Cyprus is receiving from its fellow members in the eurozone. Russian President Vladimir ... Cyprus is also seeking a new €2 billion loan from Russia.
    03/18/2013 - 4:12 am | View Link
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