Finance Minister Constantinos Petrides has refuted claims by US news channel CBS that Cyprus is not effectively enforcing EU sanctions against Moscow because it’s a haven for the money of Russian oligarchs.
A US broadcaster has turned the spotlight on Cyprus’ connection with Russian oligarchs, calling it the weak link in European Union efforts to impose sanctions on Kremlin allies. CBS ‘60 minutes’ reporter
Cyprus, Greece, and Malta have raised concerns about the need to ensure a level playing field in implementing a cap on the price of Russian oil transported by ship to third countries,
A few PwC partners have launched a breakaway firm in Cyprus to take on work from Russia-linked clients that the Big Four audit firms will no longer touch, according to the Financial
Cyprus would be willing to consider sending its ageing Russian weapons to Ukraine if it received military equipment of equal capabilities, said government spokesman Marios Pelekanos. Pelekanos commented to the New York
Russian anti-war activists in Cyprus have vowed to continue holding protests against the invasion of Ukraine despite, they say, becoming the target of a threat after their faces appeared on a billboard
Cyprus football continues to draw the attention of foreign investors willing to inject serious cash as second division ENY Digenis Ypsona is added to the list of clubs being taken over. As
As the war in Ukraine shows no sign of abating, Europe is looking to phase out Russian fossil fuels by accelerating renewable energy production. However, it must ensure reliable access to the
EU countries approved a diluted emergency plan to curb gas demand after striking compromise deals to limit the cuts for some as they brace for further Russian reductions in supply. Europe faces
Cyprus’ drive to attract high-tech companies, combined with increased interest from firms to relocate, moving from geopolitically unstable regions, is expected to boost demand for real estate. According to the Central Bank
