Cyprus looking for bailout

Cyprus faces the choice of asking for a bailout from its European partners in the euro or from Russia, and will decide where to turn after this weekend’s crucial elections in Greece, officials said today.

Cyprus looking for bailout

Cyprus faces the choice of asking for a bailout from its European partners in the euro or from Russia, and will decide where to turn after this weekend’s crucial elections in Greece, officials said today.

Government spokesman Stefanos Stefanou would not name the country where a possible loan could come from, but an official identified it as Russia.

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