March 21, 2013 / 7:16 AM / in 4 years

Russia talks with Cyprus to continue Thursday-FinMin

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MOSCOW, March 21 (Reuters) - Russia's Finance Minister Anton Siluanov said that talks with his Cypriot counterpart Michael Sarris will continue on Thursday.

Cyprus had asked Russia for a five-year extension of an existing loan of 2.5 billion euros ($3.22 billion) that matures in 2016, as well as a reduction in the 4.5 percent rate of interest.

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