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Cyprus has fully repaid two years earlier a €2.5 billion loan from Russia, secured in 2011 by the previous administration.Finance Minister Harris Georgiades posted on his twitter account on Monday that Cyprus has repaid the loan earlier. Its balance was €1.58 bn.According to the FinMin, Cyprus can now comfortably finance its needs from international markets.Excluded from the financial markets, in 2011 Cyprus received from the Russian Federation a loan amounting to €2.5 billion in a bid to cover its financing …
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