Tag: Bacerius Investments

Rich Russians in Cyprus: Little Russia in the Mediterranean!

Politics tamir - August 13, 2023

Cyprus, the small Mediterranean island nation, has seen a significant influx of wealthy Russians over the past few decades. This migration has transformed parts of the island into what can be described as a "Little Russia," with Russian businesses, restaurants, and cultural centers becoming commonplace. But what does this mean for Cyprus, and the broader geopolitical landscape, especially in light of the Western sanctions against Russia due to the Ukraine invasion?

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