- Reaction score
- 12,246
- Points
- 1,160
Another sign of Russia losing ....
Cyprus stating openly what everyone else has been saying since the PIIGS financial crisis of 2009-2014 when Cyprus was over-extended on Greek debt and imposed a 10% "haircut" on all its depositors. The banks became havens for Russian money laundering.
Cyprus is now choosing a different side - a not unusual situation for an island that has been inhabited and invaded for the best part of 15,000 years. What is remarkable is that Cyprus now feels free to make these changes.
No Russian presence in the Med any more?
united24media.com
www.theguardian.com
globalnews.ca
Cyprus stating openly what everyone else has been saying since the PIIGS financial crisis of 2009-2014 when Cyprus was over-extended on Greek debt and imposed a 10% "haircut" on all its depositors. The banks became havens for Russian money laundering.
Cyprus is now choosing a different side - a not unusual situation for an island that has been inhabited and invaded for the best part of 15,000 years. What is remarkable is that Cyprus now feels free to make these changes.
No Russian presence in the Med any more?
Cyprus Admits Years of Russian Influence—and Details How It’s Cutting Moscow Off
Cyprus’ Foreign Minister highlighted a shift in policy away from Russian ties post-invasion of Ukraine, emphasizing reforms in economic and defense sectors.
Russian expat invasion of Cyprus also has sinister overtones
Many Russians have made their home on the holiday island, but the Putin regime seems to be reaching deep into the tiny nation
Plan to seize deposits in Cyprus shocks savers across Europe | Globalnews.ca
<span style="font-size: 10pt;">A vote on a bailout package for Cyprus that includes an immediate tax on all savings accounts has been postponed until Tuesday evening.</span>
