Cyprus vows to prosecute Russian oligarch ‘enablers’

Cyprus is committed to prosecuting any Cypriots accused by the US and Britain of enabling Russian oligarchs to bypass sanctions over Ukraine, government spokesperson Constantinos Letymbiotis said Tuesday. Ten Cypriot-born ‘financial fixers’

Warmest day of the year

Cyprus has recorded its warmest day of the year, with temperatures rising to a scorching 34C inland, following Easter Monday’s 32C, but will subside from Wednesday to normal levels of 24-26C. The

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Cypriot family in Sudan safe at home

A 10-member Cypriot family remain safe at their home in Khartoum during armed fighting in Sudan, the Foreign Ministry confirmed to CNA on Tuesday. Foreign Ministry spokesperson Theodoros Gotsis told CNA the family had

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Legacy banking not serving SMEs

Ever since the financial crisis of 2011-2012 brought Cyprus banks to their knees, the owners and managers of legacy financial institutions have yet to learn from their mistakes. Cyprus was shut out

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