Cyprus Refuses to Be Drawn Into Russia’s Orbit

After the European Union agreed to a financial rescue of Cyprus on Monday, the Netherlands’ Jeroen Dijsselbloem, who chairs the group of eurozone finance ministers, announced, “We put an end to the uncertainty for Cyprus and the eurozone.”

Yet much of the uncertainty was created by the bloc’s unwillingness to bail out Cyprus altogether and the possibility of Russian involvement in its rescue. Read more “Cyprus Refuses to Be Drawn Into Russia’s Orbit”