Tue, Mar 19, 2013 - Page 1 News List

Cyprus reworking bank tax, delays vote

Reuters, NICOSIA

“It turns out that the eurozone actions ... took place without discussions with Russia, so we will consider the issue of restructuring the [Cyprus] loan taking into account our participation in the joint actions with the European Union,” Russian Finance Minister Anton Siluanov said.

Putin criticized the bank levy as unfair and setting a dangerous precedent.

“Putin said that such a decision, should it be made, would be unfair, unprofessional and dangerous,” Kremlin spokesman Dmitry Peskov told reporters.

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