Russian tensions could halt Cyprus comeback

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Russian tensions could halt Cyprus comeback

Cyprus 2014
Elections to the European Parliament in Cyprus 2014 | 3desc - Fotolia

Cyprus’s re-emergence into the capital markets this week with a private placement has some public sector bankers pushing for a syndication — a deal which would mark the quickest comeback to issuance from a bailed-out eurozone sovereign. But the escalating tensions over the Ukraine crisis between Russia and the West could dampen the country’s prospects.

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