The Cyprus-Russia links have received a lot of media attention lately, not least because Cyprus and its banks seem to have served as a meeting point between close associates of Vladimir Putin and Donald Trump, if not also a conduit for financial flows (the jury is still out on this, awaiting the findings of the Mueller investigation). Paul Manafort, former campaign manager of Donald Trump, used Cypriot banks in his dealings with Russia and Ukraine. Wilbur Ross became a major shareholder of Bank of Cyprus in mid-2014, joining in with a number of close associates of Mr Putin, including Viktor Vekselberg,…

Panicos Demetriades, Professor at the University of Leicester and former Governor of the Central Bank of Cyprus, comments in the FT, as part of the FT's annual survey of economists.