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oldberkeley

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oldberkeley

Re: dav1234 post# 242215

Tuesday, 03/19/2013 11:55:58 AM

Tuesday, March 19, 2013 11:55:58 AM

Post# of 317018
There's many people of Russian descent in Cyprus, so there's a cultural link.

More importantly, in the 90's a lot of the Russian rich (both legal and not-so-legal) began putting their cash into Cyprus banks because those banks did not ask many questions about where the money came from.

Probably about 1/3 of all the deposits in Cyprus banks are Russian. You can bet that they've put a lot of pressure on Cyprus politicians!

All that is needed to make a happy life is within yourself, in your way of thinking. -Marcus Aurelius

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