Russian's were robbed from the collapse of Cyprus banks and subsequent theft of depositor funds in a "bail-in" earlier this year. However, the silver lining for Russia is they now have ownership in Cypriot assets, something they have coveted for years but have not been able to achieve. Now they have a strategic foothold in the Mediterranean.
http://www.zerohedge.com/news/2013-08-31/russia-restructures-cyprus-debt-cyprus-prohibits-us-strikes-syria
Monday, September 2, 2013
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