The U.S. and Global Security Review - Blog by Michael Novakhov

Using Cash and Charm, Putin Targets Europe’s Weakest Links Monday April 6 th , 2015  at  7:38 PM 1 Share NICOSIA, Cyprus — When Cyprus seized hundreds of millions of dollars from bank depositors, many of them Russians, as part of an internationally brokered deal two years ago to rescue its collapsing financial system, the Russian leader,  Vladimir V. Putin , denounced the move as “dangerous” and “unfair,” warning of a sharp chill in relations. But Mr. Putin was all smiles recently when he received Cyprus’s president, Nicos Anastasiades, in Moscow, hailing relations with the Mediterranean nation as “always being truly friendly and mutually beneficial” and agreeing to extend — on greatly improved terms for Cyprus — a $2.5 billion Russian loan. The shift from fury to declarations of eternal friendship displayed Mr. Putin’s well-known flair for tactical back flips. But it also showed his unbending determination to break out of sanctions...