Tag Archives: Bank of Cyprus
EU bank deal gives Cyprus, warm water port to Russia
European leaders engineered a harsh bailout deal for this tiny Mediterranean nation in March and the Russians are now in a position to get something that has previously eluded even Moscow’s most audacious oligarchs: control of a so-called systemic financial institution in the European Union. http://www.nytimes.com/2013/08/22/world/europe/russians-still-ride-high-in-cyprus-after-bailout.html?pagewanted=1&ref=world “They wanted to throw out the Russians but in […]