However, one unintended consequence of that drive to educate was the unbalancing of the Cypriot economy away from agriculture and tourism towards financial services, said Ker-Lindsay.The booming financial sector got a further turbo charge from the collapse of the Soviet Union in the early 1990s, and Russian money â¿¿ some thought to be of dubious origin â¿¿ started flowing into the country's banks. The influx of capital that further unbalanced the economy.
Cyprus Looks To Its Past For Economic Reboot
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