Cyprus President Says Nothing Wrong With Seeking Both Eu Bailout And Russian Loan

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:
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  • Russia and Cyprus in last-ditch talks to find way out of bank levy deadlock
    The plan was described by Vladimir Chizhov, Russia's envoy to the EU, who is also in the Russian capital, as "similar to forceful expropriation … The principle … is wrong ... The island is also seeking an extension to a €2.5bn loan it received ...
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  • 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 ... of its seeking to influence EU affairs for its ...
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  • 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.
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