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We interpreted comments made by the Cypriot finance minister that suggested the country was seeking financial advice from Russia. We accept that the finance ministry holds regular talks with a number of counterparts and that this interpretation was misleading. |
It is like a story from a magical realist film on the world after 1989. A finance minister chosen by the European Union’s first communist head of state looks to Russia – to try to resurrect his country’s position as an offshore centre of capitalism.
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