Russia in Global Affairs

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Cyprus

On the “Special” Nature of the Russia–Cyprus Relationship

Most Greek Cypriots bestow gratitude on Moscow, for its prolonged, consistent, and multi-layered protection of their Republic, through diplomatic, political, economic and “psychological” support.

Costas Melakopides

Lessons of the Greek Tragedy

Why Greece seems to remain so important in European politics for more than five years? After all it is a small country, its GDP is a very small part of the European one and its debts are not really a problem for the European Union.

Dimitris Konstantakopoulos

Cyprus crisis: Europe plays hardball

How the European Union deliberately ruined the Cypriot banking system as a warning to other debtors.

Sergei A. Karaganov

Russia right to refuse Cyprus bail out but should back strong EU

The bankrupt Cypriot banks are worth nothing or less than nothing if they are not a part of the European financial system.

Sergei A. Karaganov

A Framework for a New Europe

The Cypriot crisis has highlighted two elements of relations in Europe: the very strong, mutual dependence of Russia and the EU, and also the lack of mechanisms for their normal interaction.

Fyodor A. Lukyanov