Cyprus bail-in ensured Russians would be bank saviours

By AFP
Updated on
Cyprus bail-in ensured Russians would be bank saviours (via AFP)

Russians now have a say in key lender Bank of Cyprus because of European reluctance to fully bail out Nicosia, fearing that would safeguard oligarchs’ ill-gotten gains, analysts believe. “Unlike all the other bailout countries the Eurogroup did not…



 

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