Cyprus Russians take stock amid bailout woes

Tuesday 26th March, 2013

By Jamie Coomarasamy BBC News, Limassol Her estate agency might be lined with photographs of upscale apartments in her native Russia, but Yekaterina Georgiadou has no plans to head home any time soon.

She arrived in Cyprus from Moscow 12 years ago and now runs a small business in the coastal city of Limassol – home to an estimated 40,000 Russians.

“People are panicking, people are in shock,” she says, “but we’re not yet seeing evidence that Russians want to leave the country.”

She feels there’s been some unfair stereotyping of her fellow countrymen and women.

“There is dodgy money everywhere. “It’s easy to say that Russian money is dirty, but where’s the proof?” …

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