Russians' Cypriot haven undisturbed by sanctions, tensions


  • World
  • Thursday, 27 Mar 2014

LIMASSOL (Reuters) - Cypriots say their island paradise, home to thousands of Russians seeking sun, tax benefits and an EU entry point, has not suffered from deteriorating relations between Moscow and the West and some have seen benefits.

The EU and euro member was worried its close links between the two would be put to the test when Europe and the United States started talking about sanctions on Russia to protest its seizure of the Ukrainian territory of Crimea.

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