Cyprus Asking for Russian Aid

Government rejected the European Union's bailout deal yesterday

Reason Staff | 3.20.2013 7:24 AM

(Reuters) - Cyprus's finance minister pleaded withRussia for help on Wednesday to avert a financial meltdown after the island's parliament rejected the terms of a European bailout, raising the specter of a looming default and bank crash.

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Cyprus Asking for Russian Aid

Government rejected the European Union's bailout deal yesterday

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