Cyprus's Sylikiotis In China To Explore Ground For Loan

From Bloomberge

Neoklis Sylikiotis, Cyprus’s minister of commerce, industry and tourism, is visiting China to “explore the ground” for receiving a loan from the Asian nation amid speculation it may need a European bailout.

The minister, who is also in charge of energy affairs, is in China with Michael Sarris, chairman of Cyprus Popular Bank Pcl, the east Mediterranean island’s second-largest lender, Sylikiotis said in a telephone interview today.

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© 2013 Energy Tribune

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