Photo Gallery: A Haven for Oligarchs
01/14/2013
Cyprus is a popular tax haven for Russia's richest people. Nickel tycoon...
REUTERS

Cyprus is a popular tax haven for Russia's richest people. Nickel tycoon Vladimir Potanin, worth an estimated 14.5 billion dollars, is among the owners of companies registered in Cyprus. The question of whether the government in Nicosia should be allowed to bolster its ailing banks with more than 17 billion euros from Europe's bailout funds is dividing the euro zone and causing uncertainty in international markets.