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Analysts have long predicted that Russia has been using the velvet glove of diplomacy to gain a military foothold in Cyprus – after the fallout to Russian depositors from the March 2013 bailout soured relations, followed by Russian reluctance to restructure Moscow’s 2.5 billion Euro loan to Nicosia.
In May 2013, three Russian navy warships, which were part of a flotilla sailing in the Mediterranean Sea, docked at the new port of Limassol.
At the time, the Defence Minister said that Cyprus and Russia enjoy historical, long-standing and very close relations, noting that “Russia is a firm supporter of Cyprus in the Security Council of the United Nations as regards our national issue.”