Cypriot President Demetris Christofias may withdraw the country’s request for a European bailout, Phileleftheros reported.

Christofias may pull the rescue application if Cyprus receives a loan from Russia or China, the Nicosia-based newspaper reported without saying where it got the information.

To contact the reporters on this story: Stelios Orphanides in Nicosia at sorphanides@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net