Bailout

Tag: Bailout

Gazprombank boss emptied Cyprus account days before bailout – FT

The president of Gazprombank, the Russian energy giant’s banking arm, is among individuals who pulled their money from the troubled Laiki Bank just days before Cyprus agreed a “haircut deal” with international lenders.

18:35 03.04.2013

No state help to Russians affected by Cyprus crisis - official

Russian authorities plan no support measures for citizens, who might partially lose their funds deposited in crisis-stricken Cypriot banks, Russian First Deputy Prime Minister Igor Shuvalov.

09:08 01.04.2013

Cyprus banks cease operations, Russian investments at risk

The Central Bank of Cyprus has ordered all national banks to suspend operations at both domestic and foreign offices. The measure comes after EU finance ministers agreed on Saturday to tax deposits in Cyprus as part of the extraordinary 10 billion-euro ($13 billion) bailout.

09:33 18.03.2013

Major Siberian machine-builder to obtain $11.38mn in subsidies

The Government Commission on Preventing the Bankruptcy of Strategic Enterprises decided on Monday to allocate $11.38 million in subsidies to the Sibselmash, Novosibirsk's largest machine builder.

12:43 28.02.2012

Bank of Moscow sues insurer for $102 mln

A commercial court will hear the Bank of Moscow's three lawsuits worth a total of $102.3 million against the Insurance Group in March.

16:23 13.02.2012

Court drops billionaire's lawsuit over bank bailout

A court has terminated proceedings over the lawsuit filed by Alexander Lebedev's National Reserve Bank (NRB) in which NRB sought to acknowledge the bailout of the Rossiysky Capital bank.

11:22 15.12.2011