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Shuvalov said the accounts of Russian companies in Cyprus

Shuvalov said the accounts of Russian companies in Cyprus Photo: 1tvnet.ru

Some Russian companies have appealed to the government to find the money that had been frozen in accounts in Cyprus, but sharp calls for help officials did not get reports Lenta.ru report . In an interview with Business FM said First Deputy Prime Minister Igor Shuvalov.

The official added that the government address or the companies that produced the money for large transactions, or those who had money in the interbank market and correspondent accounts. The response of the government to appeal Shuvalov said nothing, but pointed out that while the government does not see the point quickly intervene in the situation in Cyprus.

Deputy Prime Minister also explained why Russian companies holding funds in Cyprus. According to him, first of all this influenced by the fact that the legislation of Cyprus, in contrast to the Russian, like English. In addition, he pointed out that Russia and Cyprus have an agreement on the avoidance of double taxation.

The Cyprus government closed all banks operating in the country at the beginning of last week. This was done in order to avoid a massive outflow of funds from the accounts. He, in turn, could be due to the fact that Cyprus is negotiating with the EU to attract crisis loan of 10 billion euros. As a condition of receiving the money was debit from your account placed in Cyprus.

According to the latest version of the agreement between the Government of Cyprus, the finance ministers of the euro area, the IMF and the European Central Bank will have to close the island\’s second largest bank — Laiki Bank. His promising assets depart Bank of Cyprus (Bank of Cyprus). Deposits in both financial institutions that hold less than one hundred thousand euros, of anti-crisis measures will not be affected, and all others will be frozen. Then they will be charged with a large amount, which has not yet officially announced. According to the media business, it is about 30-40 percent of the deposits.

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