President Anastasiades said Russians whose interests were also affected after Nicosia agreed to a harsh economic bailout with international lenders in March did not give up on Cyprus.
“Tough decisions taken in March affected many Russians. Despite that fact, they have not betrayed Cyprus. Our friends have remained our friends,” Anastasiades said in an exclusive interview with Russian news agency Itar-Tass.
He also said that Nicosia was ready to compensate in part those Russians who received a haircut on uninsured deposits over €100,000.
Some 47.5% of their savings were converted into equity to save the island’s biggest lender – Bank of Cyprus – from collapse.
The authorities plan to put revenue from future natural gas extraction in Cyprus’ exclusive economic zone in a special fund – part of which will go towards compensating burnt depositors.
“Cyprus will do everything possible to overcome the negative consequences from the decisions taken in March,” he said.
Cyprus teetered on the brink of financial meltdown in March and debated onerous terms of a bailout with the Troika of international lenders from the EU, ECB and IMF.
Moreover, Anastasiades welcomed Russia’s diplomatic initiative on Syria aiming to avert a large-scale conflict in the strife-torn country.
“Placing chemical weapons in Syria under international control is an initiative that creates good prospects towards averting a large-scale war,” the president said.
And it will also help international efforts to find a political solution to the Syrian problem he added.
“I agree with the Russian proposal and I want it to be approved by all. The key task is to implement it under the UN auspices,” he added.
On the Cyprus problem, the President said that at critical moments Nicosia could always count on Moscow’s support.
“We’re grateful for this support. Mutual political support unites our countries.”
He said Cyprus is ready to contribute to the further development of good relations between the European Union and Russia.