Three years ago the Bank of Cyprus also bought large quantities of Greek bonds , largely for reasons unconnected with their rate of return or risk , to help out Greece . Those of us who supported the EU integration movement are disappointed , writes Pissarides . Pissarides says Russians have been investing money into Cyprus from the early 1990s . He notes that in 1999 Russia was Cyprus' largest foreign investor and now it is its second biggest. I have never come across anything non-compliant with European rules '' in Cyprus .
Those of us who supported the EU integration movement are disappointed , writes Pissarides . Pissarides says Russians have been investing money into Cyprus from the early 1990s . He notes that in 1999 Russia was Cyprus' largest foreign investor and now it is its second biggest. I have never come across anything non-compliant with European rules '' in Cyprus .