Arab Today, arab today putin to spent 1bn to help cyprus better than financing ngos
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Putin: To spent $1bn to help Cyprus better than financing NGOs

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Arab Today, arab today Putin: To spent $1bn to help Cyprus better than financing NGOs

Hannover - Itar-Tass

It would be better to have spent the enormous sum that came from foreign sources to Russian non-governmental organizations (NGO) in the past four months to provide financial aid to Cyprus, according to Russian President Vladimir Putin. “This enormous sum – one billion US dollars – might have been spent to help Cyprus, and there would have been no need to fleece poor depositors,” Putin said on Monday at a news conference after his visit to Germany.

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