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Mechel OAO

  • Bulk of Russian Money in Cyprus Belongs to Small Firms Saturday, 23 Mar 2013 | 11:36 PM ET
    Riot police in Cyprus stand on guard as protesters near by protest the governments handling of the banking crisis.

    The assessment of officials and bankers on the Mediterranean island suggest the bulk of the billions of euros of Russian money in Cyprus comes from smaller firms and middle-class savers, and not the super-wealthy.