Thursday September 18, 2014 Search
Weather | Athens
27o C
20o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Russian loan to Cyprus should be extended soon, Shiarly says

Cypriot Finance Minister Vassos Shiarly said he’s confident a 2.5 billion-euro ($3.4 billion) loan from Russia due in 2016 will be extended soon.

“We have every reason to believe Russia will respond favorably,” Shiarly told reporters in The Hague today after making his case for a bailout of Cyprus to Dutch lawmakers. “I believe soon, but it is not up to us. It should be extended; it’s in everyone’s interest.”

After the Cypriot economy’s exposure to Greece hampered the eastern Mediterranean island’s ability to get funding, “Russia was the only country willing to lend to us,” Shiarly said.

Cypriot President Demetris Christofias said Wednesday that Russia was prepared to contribute to a bailout of Cyprus in cooperation with the European Union. He said Russian President Vladimir Putin assured him in a telephone conversation that Russia was prepared to participate in loans to Cyprus. [Bloomberg]

ekathimerini.com , Thursday Jan 31, 2013 (15:54)  
Police report identifies officers with ties to Golden Dawn
Increasing number of mayors blocking contract reviews
PM hopes for boost from Merkel meeting next week
Athens among winners of Bloomberg Philanthropies 2014 Mayors Challenge
Very lucky punters set to be probed
The Hellenic Gaming Commission has forwarded some impressive data regarding the possible abuse of profits from games of chance to the anti-money laundering authority and the Financial Crimes...
London roadshow starts with record turnout
The Athens Exchange’s London roadshow got under way at Bloomberg’s headquarters in the British capital on Wednesday featuring 31 listed companies and with much better prospects than the prev...
Inside Business
SOCCER
Financial crisis forces Greek second division postponement
Greece's second soccer division Football League announced on Wednesday the postponement of the start of the season due to financial difficulties being faced by most clubs. "The board of dire...
SOCCER
Mitroglou rediscovers scoring touch after Fulham let-down
Costas Mitroglou banished the memories of his disappointing spell in England after breaking a 10-month goal drought as Olympiakos Piraeus secured a thrilling 3-2 Champions League win over At...
Inside Sports
COMMENTARY
Loud patriotism
I admit that whenever politicians drag religious faith and worn-out patriotism into discussions I button up. I feel the same way when I see bishops blatantly getting involved in politics. To...
EDITORIAL
In need of a second wind
Greek Prime Minister Antonis Samaras and a few of his ministers have gone to great lengths to see Greece regain credibility in the eyes of its partners. Given that the state mechanism is not...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Very lucky punters set to be probed
2. London roadshow starts with record turnout
3. Banks set to request 6.1 bln under TLTRO
4. More efforts to cut the price of milk
5. Skiathos tops Greeks’ online summer holiday searches
6. IMF departure gets on the table
more news
Today
This Week
1. SYRIZA victory would spark a bank run, PM reportedly warns
2. Loud patriotism
3. Production of the new Pony to start by the end of the year, NAMCO says
4. Davutoglu calls for a two-state solution in Cyprus
5. Tsipras to meet with Pope Francis on Thursday
6. In need of a second wind
Today
This Week
1. Greece on standby
2. Avramopoulos appointed Commissioner for Migration and Home Affairs
3. Central Athens traffic restrictions back in force on Monday
4. Greece at bottom of social justice scale among EU28
5. EU bank tests may miss trillion dollar risk, study finds
6. Lost in the fog
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.