Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latest Breaking News

dipsydoodle

(42,239 posts)

3. Cyprus: EU bailout, Russian loan compatible

Reply to dipsydoodle (Original post)

Thu Jul 5, 2012, 06:37 AM

Jul 2012

NICOSIA, Cyprus -- Cyprus' president 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.

Dimitris Christofias said Thursday that he sees nothing wrong with simultaneously pursuing a loan from Russia that may come with better terms than a European Union bailout.

But Christofias stressed that "there's no issue" of Cyprus refusing bailout funds loan if it clinches a Russian loan.

Read more here: http://www.sacbee.com/2012/07/05/4610791/cyprus-eu-bailout-russian-loan.html#storylink=cpy

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

3 replies

= new reply since forum marked as read

Highlight:

Cyprus starts talks with EU, IMF officials on terms and size of bailout for its troubled banks [View all] dipsydoodle Jul 2012 OP

Have to wonder how much the illegal Turkish occupation has impacted this ProgressiveProfessor Jul 2012 #1

Not so much in this connection dipsydoodle Jul 2012 #2

Cyprus: EU bailout, Russian loan compatible dipsydoodle Jul 2012 #3