Cyprus expects 2nd Russian loan “soon”

The Cyprus government aims at concluding a deal with the Russian Federation on a second bilateral loan agreement “the soonest possible”.
Acting Government Spokesman Christos Christofides said the issue was “delicate” and noted that publicity could harm the process, while it is still ongoing.
Asked whether there is a deadline for concluding the deal, estimated for 4.5 bln to 5 bln euros, Christofides said “the soonest possible, respecting always the procedure and the dialogue with the other side”.
The Russian government last year gave Cyprus a three-year loan of 2.5 bln euros.