Russian small business jeopardized in Cyprus

Russian small business jeopardized in Cyprus from Russia Beyond The Headlines on Vimeo.

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A forthcoming bailout of Cyprus could hurt not only Russia's oligarchs, but also small Russian companies there. As Russians leave Cyprus, Russians-oriented shops are in danger now.

All Nicosia residents who need Russian goods know this small grocery store. For many years people have been going here to buy Russia-made food. But the owner says now she has to wait for the customers for hours.

The Cypriot small business is suffering from the recession and lack of cash due to the closure of banks. Most of the vendors have to make discounts in order to attract clients with cash.

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