Sanctions imposed by the US and UK on Cypriot alleged ‘fixers’ has the services sector fearing their efforts to clear the island’s name from the golden passports scandal are in vain. Cyprus’
On 12 April, around 10 Cypriot professionals and others woke up to the shock of being sanctioned by the US and the UK and then losing access to their Cypriot bank accounts. Since there
Nicosia is preparing a road map to protect the country’s international reputation, following US and UK sanctions on Cypriot financiers accused of helping Russian oligarchs hide their assets after the Ukraine war.
Cypriot individuals and entities on the UK and US sanctions list will see their assets in the banking system frozen and unable to carry out any transactions in Cyprus. This was confirmed
Cypriots continue to show significant support for Ukraine against the Russian invasion, but aggressive sanctions against Moscow are less popular. There is also great support for accelerating the energy transition, notably investments
“We must provide Ukraine with the means to push Russia out. Tanks are necessary for Ukrainian forces to break through the current stalemate of trench warfare, and to regain the momentum they
The European Council has agreed to extend the regime of sanctions against Ankara in response to Turkey’s unauthorised drilling activities in the Eastern Mediterranean. EU sanctions will be extended for a further
The impact of European Union measures against Russia on Cyprus’ maritime industry is “totally manageable,” said shipping minister Vassilis Demetriades. Briefing the parliamentary committee on budgetary affairs, Demetriades said that 144 ships
The uncertainty over future relations between the European Union and Russia has taken its toll on Cyprus shipping, as sanctions have forced some companies to remove the Cypriot flag from their vessels.
Cyprus is expected to join Hungary and Malta in opposing tougher European Union sanctions on Russia over its invasion of Ukraine, reported the Financial Times. The bloc has already issued seven sanction
