As a result of the March 25 agreement on the Cypriot bailout, "Cyprus could definitively lose its role as an offshore financial centre," writes the Moscow daily.
Certainly, it will be viewed negatively by the "large number of Russian investors who will be affected" by the 30 to 50 per cent haircut on Bank of Cyprus deposits.
Russian Prime Minister Dmitri Medvedev has declared that "stealing continues" in Cyprus, while President Vladimir Putin has asked his government to negotiate a restructuring of the €2.5bn loan Moscow granted to the island in 2011.
A conversation with investigative reporters Stefano Valentino and Giorgio Michalopoulos, who have dissected the dark underbelly of green finance for Voxeurop and won several awards for their work.
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