Bloomberg News

Russia May Decide on Cyprus Credit Within Month, Prime Says

September 08, 2012

Russia’s Finance Ministry will submit a decision to the government on extending loans to Cyprus within a month’s time, Russian news service Prime said, citing Igor Shuvalov, first deputy prime minister speaking today in Vladivostok, Russia.

Russia received a request from Cyprus this summer for a 5 billion-euro ($6.39 billion) credit line, Prime said.

To contact the reporter on this story: Stephen Bierman in Moscow at

To contact the editor responsible for this story: Will Kennedy at

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