Cyprus

Russian Press at a Glance, Thursday, April 4, 2013

© RIA Novosti. Rybchinskiy

Russian Press at a Glance, Thursday, April 4, 2013

09:53 04/04/2013

A brief look at what is in the Russian papers today

Bank Boss Emptied Cyprus Account Days Before Bailout – FT
18:01 03/04/2013
The president of Gazprombank, the Russian energy giant’s banking arm, is among individuals who pulled their money from the troubled Laiki Bank just days before Cyprus agreed a “haircut deal” with international lenders, The Financial Times said on Wednesday, citing local media.
Cypriot Finance Minister Resigns After Controversial Bailout Deal
18:34 02/04/2013
Cypriot Finance Minister Michalis Sarris has tendered his resignation after concluding talks with the troika of international lenders on a controversial bailout deal to rescue the island nation from financial collapse, Cypriot TV channels reported on Tuesday.
Russia’s Support to Cyprus to Depend on VTB Situation
22:18 01/04/2013
The Russian government will closely watch the situation around the Russian Commercial Bank, a subsidiary of state-run VTB, when deciding on the forms of its support for Cyprus’s financial system, Prime Minister Dmitry Medvedev’s spokeswoman Natalya Timakova said Monday.
No State Help to Russians Affected by Cyprus Crisis - Shuvalov
02:56 01/04/2013
Russian authorities plan no support measures for citizens who might partially lose their funds deposited in crisis-stricken Cypriot banks, Russian First Deputy Prime Minister Igor Shuvalov said late on Sunday.1
Archbishop of Cyprus Says His Country Should Quit EU
18:56 31/03/2013
Archbishop Chrysostomos II of Cyprus said his country should withdraw from the European Union as the EU will fall apart and cease to exist in the future.
Seven Days in Photographs, March 23-29, 2013
18:23 29/03/2013
The death of Russian tycoon and former Kremlin insider Boris Berezovsky, the situation in Cyprus and BRICS summit in South Africa made headlines this week.
Russian Press at a Glance, Friday, March 29, 2013
09:44 29/03/2013
A brief look at what is in the Russian papers today
Uncertain World: A Framework for a New Europe
21:59 27/03/2013
The financial crisis in Cyprus has made headlines in Russia for days. At first, the Russian media were surprised by Europe’s seemingly irrational and destructive approach to the relatively small Cypriot problem, but the surprise soon turned to anger at the fact that Europe had informed Russia about its decision post factum and neglected to consult it, even though it was aware of Russia’s interests in Cyprus.1
Bank of Cyprus Head Resigns Over Bailout Deal
18:11 26/03/2013
Andreas Artemis, head of Bank of Cyprus, the country’s biggest lender, has submitted his resignation in the wake of a bailout deal that the Eurogroup reached with the Cypriot authorities to rescue the island nation from bankruptcy, western media reported on Tuesday.
Fitch Downgrades Laiki, Bank of Cyprus Ratings to ‘Default’ Level
17:33 26/03/2013
Fitch Ratings has downgraded the ratings of Cyprus’ two largest banks to default levels after the Eurogroup struck a bailout deal with the Cypriot authorities as a precondition for Cyprus to receive much-needed aid, the international rating agency said on Tuesday.
Russian Press at a Glance, Tuesday, March 26, 2013
09:35 26/03/2013
A brief look at what is in the Russian papers today
Putin Tells Government to Revise 2.5 Bln Euro Loan to Cyprus
18:49 25/03/2013
Russia will consider restructuring its multibillion euro loan to Cyprus, President Vladimir Putin’s spokesman said Monday, possibly giving the nation more breathing room hours after it secured a eurozone bailout.1
Cyprus Deposit Haircut is ‘Legalized Theft’ Says Russian Businessman
16:25 25/03/2013
The Cypriot authorities’ plans to force losses on local account holders to unlock a much-needed bailout from international lenders breach international accords and will be challenged in court, the head of the Association of Russian Businessmen in Cyprus said on Monday.1
Russian Press at a Glance, Monday, March 25, 2013
09:34 25/03/2013
A brief look at what is in the Russian papers today.
Eurozone Finance Ministers Reach Bailout Deal on Cyprus
07:04 25/03/2013
The finance ministers of the 17-nation eurozone agreed in the early hours of Monday on a 10 billion euros bailout deal for Cyprus to prevent the country’s banking system from collapsing and bankruptcy.
Only Hard Choices Left for Cyprus – EU Commissioner
02:36 24/03/2013
Cyprus is facing tough economic future as the country has been left without any “optimal” solution to the current financial crisis, European Commissioner for Economic and Monetary Affairs Olli Rehn said on Saturday.1
Cyprus MPs Pass Bills on Capital Movement, Investment Fund
03:27 23/03/2013
The Cypriot parliament passed bills Friday to entitle the government to restrict withdrawal of funds from bank accounts in exceptional cases and to establish a “solidarity fund.”1
Russian Press – Behind the Headlines, March 22
18:32 22/03/2013
Plenty of Shores/ Gref Estimates Number of Money Laundering Companies/ Lawmakers Propose Compensating Russians for Unlawful Foreign Court Verdicts
Russia Says Door Still Open for Cyprus Rescue Deal
16:10 22/03/2013
Russia is still willing to provide Cyprus with financial aid to help it overcome its economic woes, but only after the European Union and the island nation work out a joint plan for its recovery, Russian Prime Minister Dmitry Medvedev said on Friday.

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