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RF to decide on aid to Cyprus after study of IMF measures

March 25, 2013, 15:09 UTC+3
First Deputy Prime Minister Igor Shuvalov stressed that Russia currently proceeds from the assumption that Cyprus does not need Russia’s aid
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GORKI, March 25 (Itar-Tass) – Russia will decide whether to help Cyprus only after studying a package of assistance measures adopted at the level of the European Commission, the IMF, the government and the Bank of Cyprus, Russian First Deputy Prime Minister Igor Shuvalov told reporters on Monday after the discussion of the Cyprus issue with RF Prime Minister Dmitry Medvedev.

“We will take the final decision when we see the whole package of decisions by the EU, the ECB, the Government of Cyprus, Bank of Cyprus and the legislative body of the Republic of Cyprus,” he said. “After studying these decisions, we will offer some measure of our assistance.”

Shuvalov stressed that Russia currently proceeds from the assumption that Cyprus does not need Russia’s aid.

 

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