UN secretary-general offers Lavrov condolences on Churkin’s deathWorld February 21, 19:53
OPEC does not see problems regarding growth of Russian oil exportBusiness & Economy February 21, 19:46
Kremlin to bake 100,000 pancakes for MaslenitsaSociety & Culture February 21, 19:23
Production of Mercedes Benz cars to start in Russia in 2019Business & Economy February 21, 18:43
UN Security Council holds a minute of silence in memory of Russia’s deceased envoyWorld February 21, 18:30
Russia and US might launch joint operations against terrorists in Raqqa — ministerWorld February 21, 18:17
Ankara’s talks with Moscow over purchase of S-400 go on positivelyMilitary & Defense February 21, 18:07
Russia's Autovaz starts Lada Vesta sales in GermanyBusiness & Economy February 21, 17:31
Syrian opposition’s Moscow Group to take part in Geneva talksWorld February 21, 17:21
MOSCOW, March 22 (Itar-Tass) – President Vladimir Putin and European Commission President Jose Manuel Barroso discuss the Cyprus issue separately in private, presidential spokesperson Dmitry Peskov said after the talks on Thursday, March 21.
“The issue of Cyprus was discussed separately one on one,” he said.
Peskov provided no details of the discussion.
Earlier, Prime Minister Dmitry Medvedev warned that the financial situation in Cyprus can trigger a series of new crises, can inflict heavy losses on many banks and can lead to termination of the Russian-Cypriot agreement on the avoidance of double taxation.
“There is no doubt that this situation [regarding the Cyprus debt crisis] worries everyone in the European Union and can trigger a new series of local financial crises,” he said in an interview with European media on Wednesday, March 20.
Medvedev stressed that if the ban on bank operations, including with Russian participation, is not lifted, “this will be fraught with very serious losses.”
In his opinion, the Cyprus crisis can have many consequences. One may affect the Russian-Cypriot agreement on the avoidance of double taxation. “I do not know whether we need such an agreement in this situation. Its termination can become an issue to consider,” he said.
“We support efforts aimed at bringing order to the financial sector, revitalising banks and opening up information on account holders and beneficiaries. All these are normal things to do, but they should not cause the banking system to collapse,” the prime minister said.
In his opinion, the Cypriot banking system “is in a very difficult situation. It has basically been brought to a halt, let alone the fact that the financial situation in this EU member country is on the verge of default,” he said.
“We believe that they should have discussed such negotiations and decisions with different interested parties rather than hide behind phrases that it is inappropriate for Cyprus to discuss this with someone else,” Medvedev said. “Then let them make all decisions only within the EU. But I am not sure that this is so good,” he added.