Local elections in Donbass still some way off, says Ukrainian ministerWorld October 28, 2:39
Israel’s emotions are over top regarding UNESCO resolutions on Jerusalem - GatilovRussian Politics & Diplomacy October 28, 2:28
Russia speaks against politicization of probe into chemical attacks in Syria - GatilovRussian Politics & Diplomacy October 28, 2:25
UN, OPCW’s conclusions on Syria’s involvement in chemical attacks unconvincing - ChurkinRussian Politics & Diplomacy October 28, 2:00
Russian DefMin surprised by UNICEF inaction amid growing terrorist activity in SyriaRussian Politics & Diplomacy October 27, 23:14
Russian Defense Ministry: Video of airstrike on Syrian school doctored upRussian Politics & Diplomacy October 27, 21:22
Putin says its too early for him to retireSociety & Culture October 27, 21:10
Putin urges US not to provoke Russia to actively protect national interestsRussian Politics & Diplomacy October 27, 20:20
NATO’s actions create risks to European security — Russian NATO envoyRussian Politics & Diplomacy October 27, 19:52
BRUSSELS, March 16 (Itar-Tass) – The European Union expects Russia to participate in the efforts to save Cyprus from default by easing the terms for the previous loans, rather than providing new loans, European Commissioner for Economic and Monetary Affairs Olli Rehn said after the 12-hour meeting of the Eurogroup.
They had a number of contacts with Russian Finance Minister Anton Siluanov, he said. As he understands Russia may extend the period to repay its loan for Cyprus and lower the interest rate. He noted he could not say on behalf of the Russian government, but as far as he knew the issue of new loans was not raised.
It is unlikely to be a major contribution, but it will also help, Eurogroup Chairman Jeroen Dijsselbloem said in his turn.
Negotiations are underway for easing the terms for repayment of the earlier Russian loans, which will allow Cyprus to have additional funds for financial stabilization, he explained. The negotiations are continuing, and the results will be known soon, he said. There were no talks with the Russian side that day, but there were a number of positive consultations in recent days, he noted.
Cyprus's Finance Minister Michalis Sarris will arrive in Moscow early next week to discuss possibilities for Russia to provide additional support for Cyprus. For the present, Russia is expected to extend the period for Nicosia to repay the 2.5-bln-euro loan provided in 2011 for five years and maybe to lower its interest rate.