Subplots in the Cypriot financial dramedy. A large amount of the money in Cyprus’ banking system is Russian and a large amount of that is believed to be stolen or laundered. The Cypriot banks are now insolvent due to a reckless investment in Greek bonds. The EU, led by Germany, thinks the Russian oligarchs ought to bear responsibility for bailing out the banks but the Russian government has other ideas. And the wildcard in this poker game is Syria.
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