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Why Russian Companies Need Cyprus

Fri 22 Mar 13 | 02:22 AM ET
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Why Russian Companies Need Cyprus

Fri 22 Mar 13 | 02:22 AM ET
Pete Westin, chief equity strategist at Aton Aton tells CNBC's Steve Sedgwick that so many Russian companies have operations in Cyprus for tax reasons and an end to the agreement between Cyprus and Russia could have big implications for these companies.

Topics:

Russia  | Bailouts  | Europe  | Taxes  | Squawk Box Europe
 
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