Cyprus welcomes Russian oil embargo

Nicosia has welcomed the toughest EU sanctions against Russia for invading Ukraine, with Brussels banning oil imports to the bloc. European Union leaders have agreed an embargo on Russian oil imports that

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Shady Russian oligarchs with Cypriot passports

Four dubious Russian oligarchs with close ties to President Vladimir Putin have obtained a Cypriot passport, according to a Cyprus Green MP, calling on authorities to revoke their citizenship. Green MP Alexandra

Gap left by Russian tourists unfilled

The loss of tourists from Russia due to sanctions for invading Ukraine has taken its toll on tourism-dependent businesses, including car rentals in popular resorts like Ayia Napa. Car rental associations sound

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