Cyprus banks on high alert after sanctions

Cyprus’ banking system is on high alert after the Russian invasion of Ukraine, and the European Union’s financial sanctions on Moscow mean it must adapt business and investment plans to fend off

Russia banking sanctions blowback on Cyprus

Cyprus striving to recover from the pandemic is hindered after the EU’s latest banking sanctions on Russia will also affect the island’s services sector, say stakeholders. Many Russian offshore companies will now

EU shuts airspace to Russia, bans media

The European Union announced swingeing new sanctions against Russia on Sunday over its invasion of Ukraine, closing its airspace to Russian aircraft and banning Russian state media outlets broadcasting in the bloc.

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No solidarity in sanctions

Sanctions are ineffective; solidarity is non-existent, and you’re on your own. This conclusion is as relevant to Russia’s invasion of Ukraine to instil a pro-Kremlin regime change in Kyiv, as much as

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