
Sign up to save your podcasts
Or


Five years ago, Cyprus was in crisis. An international bail-out worth over ten billion dollars saved the economy from meltdown, but also cemented the Mediterranean country’s ties to wealthy Russians. Many of them received a slice of Cypriot banks for cash seized from their accounts to help fund the rescue plan. A controversial and lucrative investment-for-passport scheme has also attracted Russian money - as well as new EU scrutiny.
While many banks have ditched their Russian clients and authorities have implemented a new system of stringent checks, Ivana Davidovic travels to the port of Limassol to investigate whether Cyprus has really cleaned up its act.
(Picture: Yachts line the marina in Limassol, Cyprus; Credit: Sean Gallup/Getty Images)
By BBC World Service4.4
488488 ratings
Five years ago, Cyprus was in crisis. An international bail-out worth over ten billion dollars saved the economy from meltdown, but also cemented the Mediterranean country’s ties to wealthy Russians. Many of them received a slice of Cypriot banks for cash seized from their accounts to help fund the rescue plan. A controversial and lucrative investment-for-passport scheme has also attracted Russian money - as well as new EU scrutiny.
While many banks have ditched their Russian clients and authorities have implemented a new system of stringent checks, Ivana Davidovic travels to the port of Limassol to investigate whether Cyprus has really cleaned up its act.
(Picture: Yachts line the marina in Limassol, Cyprus; Credit: Sean Gallup/Getty Images)

7,913 Listeners

4,225 Listeners

1,067 Listeners

296 Listeners

427 Listeners

5,576 Listeners

1,808 Listeners

2,113 Listeners

357 Listeners

427 Listeners

52 Listeners

227 Listeners

238 Listeners

346 Listeners

235 Listeners

684 Listeners

232 Listeners

326 Listeners

3,245 Listeners

73 Listeners

689 Listeners

528 Listeners

630 Listeners

394 Listeners

41 Listeners

239 Listeners

54 Listeners

146 Listeners

80 Listeners

96 Listeners