Cyprus seeks Russian rescue, EU threatens cutoff

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Cyprus seeks Russian rescue, EU threatens cutoff

NICOSIA, Cyprus — Lawmakers rejected a 10 billion euro bailout package on Tuesday, sending the president back to the depiction board to devise a new plot that might still enable the country to receive a financial lifeline while avoiding a default that

In this climate, George Osborne is increasingly looking for straws to grasp; the latest is the situation in Cyprus. "That is an example in Cyprus of what happens if you don't show the world that you can pay your way," he declared on The Andrew Marr

MOSCOW—Cyprus's attempt to reliable much-needed financial aid from Russia showed small sign of progress Wednesday, as the embattled island nation's finance minister came gone apparently empty-handed from meetings here with Russian ministers.

Cyprus Energy Minister George Lakkotrypis was also in Moscow, officially for a tourism exhibition, but fuelling talk that access to untapped offshore gas reserves could be on the table as part of a transact business for Russian aid. Cyprus has found huge gas fields

MOSCOW—Cyprus's attempt to reliable much-needed financial aid from Russia showed small sign of progress Wednesday, as the embattled island nation's finance minister came gone apparently empty-handed from meetings here with Russian ministers.

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• Cyprus Banks To Reopen Next Tuesday At Original As Capital …
• Iceland, Cyprus… And These Two Countries? | Zero Hedge
• Panic on the Streets of Cyprus – The American Spectator