Russia Sees Cyprus Plan as Unfair Plot to Seize Money of Its Citizens

General Sources
Monday 18th March, 2013

MOSCOW – Russians from President Vladimir V. Putin on down expressed fury on Monday over the European Union’s proposal to bail out the banking system in Cyprus in a manner seen in Moscow as specifically designed to extract money from Russian depositors who are estimated to hold at least a quarter of the deposits in the Mediterranean island’s banks.

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