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:
  • Cyprus Bailout Woes Harmful to EU Strategic Interests
    The euro-zone bailout of Cyprus ... A healthy dose of anti-Russian sentiment no doubt played a role as well. These primarily political factors led EU policymakers to a commit a glaring economic mistake -- that of seeking to implement a one-time levy ...
    04/3/2013 - 12:06 pm | View Link
  • INSIGHT
    EU negotiators knew something was wrong ... for an EU-IMF bailout, sources with knowledge of the exchange said. Russian Prime Minister Dmitry Medvedev accused the EU of handling the Cyprus crisis "like a bull in a china shop". He and President Vladimir ...
    03/25/2013 - 10:11 am | View Link
  • 'Thieves': Russia savages EU after Cyprus gets £8.5billion bailout deal which could see richest investors losing 40% of savings
    Deposits above 100,000 euros in both banks, which are not guaranteed under EU law ... the final bailout was likely to be more painful for its depositors than an initial rescue plan rejected by the Cypriot parliament. A spokesman for Russian President ...
    03/24/2013 - 11:25 pm | View Link
  • 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 ...
    03/21/2013 - 6:26 am | View Link
  • Cyprus outcry sparks EU bailout rethink
    Cypriot President ... money," Russian news agencies quoted Prime Minister Dmitry Medvedev as saying. The Cypriot finance minister is to visit Moscow on Wednesday and the government remains hopeful of Russian help. The uncertainty over the EU bailout ...
    03/18/2013 - 2:47 pm | View Link
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