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  • September 23, 2014
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Results 1 - 3 of 3 for cyprus

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  1. Business - Economy

    EU bailout or not, Russian cash in Cyprus to stay

    Posted Nov 15th 2012, 12:00pm by AFP

    ... Agence France-Presse in Limassol, Cyprus Property advertisements in Cyrillic letters, Russian radio and newspapers and even schools in the coastal resort of Limassol spell out the identity of Cyprus’s top foreign investors. The allegedly dubious sources of Russian deposits in Cypriot banks, which total US$26 billion, well over Cyprus’s GDP of US$17 billion, are pipped as a potential ...

    http://www.scmp.com/business/economy/article/1082955/eu-bailout-or-not-russian-cash-cyprus-stay
  2. News - World - FINANCE

    Rich Russians flock to Cyprus to salvage their investments

    Posted Mar 24th 2013, 12:00am by GDN

    ... The Guardian in Limassol As the financial crisis worsens, big investors fly in to put pressure on island's leaders Rich Russians flock to Cyprus to secure cash They clustered in small ... revelling in the sun on the Mediterranean island of Cyprus. They were Russians, who have been flocking to the city for urgent meetings with lawyers and financial advisers, fearing for their personal ...

    http://www.scmp.com/news/world/article/1198285/rich-russians-flock-cyprus-salvage-their-investments
  3. Comment - Insight & Opinion - LEADER

    Who will rescue Cypriot banks- the EU or Russia?

    Posted Mar 22nd 2013, 12:00am by SCMP Editorial

    ... SCMP Editorial Cyprus rescue: EU or Russia? What started off as a botched rescue of the banking system in Cyprus has morphed into geopolitical brinkmanship between Russia and the European ... But the European Union and the International Monetary Fund, for obvious reasons, did not want to bail out the large depositors. Many of these rich Russians were attracted to Cyprus by its offshore banking ...

    http://www.scmp.com/comment/insight-opinion/article/1196686/who-will-rescue-cypriot-banks-eu-or-russia

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