“Russia has made no decision yet on whether to extend the duration or ease the terms of a sovereign loan to Cyprus, a government source told Reuters on Monday.  European Union officials, who over the weekend agreed a 10 billion euro bailout for the Mediterranean island, have said they expect Russia to extend its 2.5 billion euro ($3.27 billion) loan by five years, until 2021, and refinance terms.  The involvement of any Russian investors – private or state – in recapitalization of the island’s struggling banks is still a matter of talks, the government source said.”

http://www.reuters.com/article/2013/03/18/us-russia-cyprus-loan-idUSBRE92H06020130318

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