World | Economy | Business

Rich Russians Hurt By Cyprus Bank Bailout

NPR | March 26, 2013 6:57 a.m. | Updated: March 26, 2013 9:29 a.m.

Cyprus has reached a bailout deal thanks to the EU. One of the hardest hit groups in this deal is super wealthy Russians. David Greene speaks to Professor Alena Ledeneva of University College London about the culture of the ultra rich in Russia, and the role they played in Cyprus’ economy.

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