Cyprus Fails to Obtain Kremlin Aid

The Moscow Times
Wednesday 20th March, 2013

Misha Japaridze / AP Cypriot Finance Minister Michalis Sarris speaking to reporters Wednesday after meeting with his Russian counterpart, Anton Siluanov, in Moscow. A desperate effort by Cypriot authorities to win financial aid from the Kremlin failed to yield any results Wednesday, as a deal eluded Cyprus’ finance minister, Michalis Sarris, during a visit to Moscow. Russian companies are being hit by a freeze on Cypriot bank accounts as officials from the Mediterranean island country shuttle between Nicosia, Brussels and Moscow in a bid to save the country’s financial system. Sarris…

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