Cyprus may test bond market waters before late 2015

Cyprus expects to return to international markets late next year but cannot rule out testing the waters earlier to gauge the appetite for Cypriot debt, the president of the bailed-out Mediterranean nation said on Wednesday.

In an interview with Reuters, Cypriot President Nicos Anastasiades (photo) said an “economic dependency” on Russia – common with other EU member states – could have an impact should the bloc decide to tighten sanctions on Moscow in its standoff with Ukraine.