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Cyprus’s Sarris to Leave Moscow Without Russian Financial Help
Cyprus has failed to gain the financial support from Russia that it sought after rejecting a European bailout plan, according to Cypriot Finance Minister Michael Sarris. “I think we are not able to get the support that we wanted to get,” Sarris said in an interview after checking out of the Lotte Hotel in downtown Moscow. “But we must go back home because things are getting serious.” Cypriot lawmakers will begin debating legislation today to unlock bailout funds and prevent a financial collapse with a European Central Bank deadline to cut off funding for its lenders in three days. The Mediterranean island ... (full story)
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