During the last two-three days an information was making the round on internet that Russia is getting military bases in Cyprus. Cyprus wanted always to have good relations with both Russia and Europe.
In any case, is not Cyprus fault that a lot of Russians during the last years invested huge amounts of money in Cyprus:
The response of the american-driven Europe was to hit severely the Cypriot banks when Cyprus asked for financial help from the Eurozone Groupe. Cyprus was hit by the greek crisis, and after the Greek bailout, Cyprus banks lost a lot of money. Cyprus, when entered the European Union, it didn’t benefice from the European fonds as much as the other new EU members as it was considered as a “rich country”. European Union failed to restructure the Cypriot economy, and nowadays the real economy of the island are the forex -binary companies regulated (somehow, sometimes “with one eye blindfold”) by CySec and tourism. Europe failed as well to get involved into the Cypriot community problem. The north of Cyprus is the 6th most militarized zone in the world.Therefore, Cyprus has always accepted the hand offered by Russia to “help” instead of committing a “sudden suicide”.
Russia Today reported that “Russians have transferred over $30 billion (around $1 trillion roubles) to Cyprus over the past twenty years, according to a study published by a group of economists from Russia, Finland and Canada.“Some not exhaustive reports, written during the Cyprus bank crisis of 2013, went as far as saying that Cyprus has become “a major money laundering machine for Russian criminals”.