Previous Post: Goldman Sach’s Gupta guilty in Wall St crackdown nbsp
Cyprus Seeks 5 Bln Euros More Aid From Russia
RIA – The Cypriot authorities have asked Russia for another 5 billion euros in loans, The Daily Telegraph reported on Wednesday, citing Cyprus-based Alithia newspaper. Last year, Russia agreed to grant 2.5 billion euros in loans to Cyprus, which amounts to about 10 percent of the republic’s GDP. Cyprus needs funds to recapitalize local banks which are under stress due to the eurozone debt crisis. Read article
Tags: 2nd Great Depression, banks, debt wealth, Europe, politics, Russia former states
Related posts:
James Holmes Colorado shooting: Gunman used same drugs that killed Heath Ledger
Facebook's dismal earnings report: Proof that its bubble has popped?
ALP foots Craig Thomson legal bills
Coalition to build 6,000 new homes for the elderly under Andrew Lansley's £200m plan
Eichel prisoners punished by shackling their hands during lawyers’ visits
'Japan nuclear disaster man-made'