Friday, December 21, 2012

Reuters: US Dollar Report: Putin says Russia could join Cyprus bailout effort

Reuters: US Dollar Report
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Putin says Russia could join Cyprus bailout effort
Dec 21st 2012, 14:09

BRUSSELS | Fri Dec 21, 2012 9:09am EST

BRUSSELS Dec 21 (Reuters) - Russian President Vladimir Putin said his country could provide support to Cyprus as part of an international bailout for the indebted island, but only after euro zone countries have defined the terms of their assistance.

"We do not see it as comfortable for ourselves to meddle in this process. But, if... agreement is reached, we do not rule out the possibility to join in with the stabilisation of Cyprus' financial (position)," Putin told reporters in Brussels following an EU-Russia summit.

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