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The Gazprom story has now been denied by Gazprom.

ITAR-TASS: Gazprombank initiates Cyprus restructuring plan - Gazprom (18/03/2013)

Russia's Gazprom has not offered the Republic of Cyprus financial assistance in restructuring the country's banks in exchange for the right to gas production in the exclusive economic zone of Cyprus. Gazprombank initiated this offer, a spokesman for the gas giant told Tass.

Itar-Tass has failed to get an immediate commentary from Gazprombank as of yet.

Cypriot Sigma TV reported on Monday that Gazprom had offered a plan, in which the company will undertake the restructuring of the country's banks in exchange for exploration rights for gas in Cyprus' exclusive economic zone.

I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Mon Mar 18th, 2013 at 01:06:20 PM EST
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