“The Russian gangsters took the biggest haircut in Cyprus. They will not be pleased.”
I don’t think that is true. The back door was left open in London and few other places for them to withdraw there money.
Many business owners in Cyprus had their operating money taken however. They are going to have to shut down.
There was also a backdoor open in Russia, apparently.
I doubt the gangsters got soaked too much. They pulled out probably around the same time the Cypriot pols did. I would imagine that folks like that are fairly well-connected and “in the loop”.
There’s going to be a lot of bankrupt business in Cyprus in the not too distant future, unfortunately. Lots of unemployment on the horizon. The tourist industry can help somewhat, but there’s cheaper - and just as sunny and warm - places to go in that part of the world. I know most Czechs head for Morocco typically, and Istanbul as well.
I must say, there’s an archeological site in Turkey I’d love to check out....a somewhat mysterious site. Göbelki Tepi. It looks fascinating; it’s considered the world’s oldest known religious structure. Dates to around 9000 B.C.
http://en.wikipedia.org/wiki/G%C3%B6bekli_Tepe