Ukrainian authorities have informed Cyprus about their seizure of $420 mln worth of shares and securities linked to the island, which belong to a Russian billionaire and other business people, a Cypriot
Through its Technical Support Instrument (TSI), the European Commission will provide expertise to help Cyprus welcome the thousands fleeing Ukraine due to the Russian invasion. The other EU states getting similar support
As the attack on Ukraine becomes entrenched, European politicians are finding it harder to sing from the greatest hits song sheet of sanctions against Russia. Going for the oligarchs was the easy
Cyprus’ services sector is betting on tax incentives to attract talent and promote headquartering to counter the impacts of the war in Ukraine and sanctions on Russian funds and companies. Soon after
Cyprus is the only country in the European Union where a majority disagrees that Russia is responsible for the conflict in Ukraine, while over half of Cypriots do not support sanctions against
The end of the Cold War, after the dissolution of the Soviet Union, left a situation based on promises but nothing in writing. East Germany was incorporated into the Federal Republic of
There is a large consensus among Europeans in favour of the EU’s swift united response to Russia’s invasion of Ukraine, according to a Flash Eurobarometer survey. The majority of Europeans think that
The University of Cyprus downgraded its projection for economic GDP growth this year to 2.6% due to the Russian invasion of Ukraine, warning of potential deterioration in asset quality in the banking
European economies like Cyprus are facing the “twin problem” of rising commodity and energy prices and heightened uncertainty following the invasion of Russia in Ukraine, experts argued. “The war really threatens the
Europe should remain united in condemning Russian aggression and keep applying pressure to make Moscow change its behaviour, President Nicos Anastasiades said during his trip to Estonia. He urged the EU to
