News Headline Summary

Cypriot finance minister says has asked Russia for five-year extension to repay EUR 2.5bln loan due in 2016

- Private sector Greek debt write-down was a mistake because of upheaval it triggered.
- Does not rule out privatisations to seal bailout and that debt will be sustainable.

18 Jan 2013 - 15:23 - Economic Commentary - Source: Newswires

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