Cyprus to get ‘no strings attached’ Russian bail-out

EUObserver reported that Eurozone member Cyprus was set in September 2011 to join Greece, Ireland and Portugal by seeking external aid to prop up its finances. But unlike the EU and IMF bail-out packages, its loan is to come from Russia with 'no strings attached'.

ESO: Background information: Cyprus fails to back emergency fiscal package http://www.europeansources.info/record/cyprus-fails-to-back-emergency-fiscal-package/

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