x

Society

Anastasiades Reaches Out to Russia for New Ties

NICOSIA – After ripping off Russian investors and depositors, Cyprus wants them back as well as stronger ties with their government.

Cypriot President Nicos Anastasiades, who three years ago ordered the confiscation of 47.5 percent of bank accounts over 100,000 euros ($113,500) – many of them Russians – said now that the economy is recovering he wants a better relationship with Russia.

Cyprus will remain a reliable partner to Russia, he told the 111th Cyprus-Russian Festival in Limassol, the Cyprus Mail reported.

“Our journey along the road to recovery has been faster than anyone could predict three years ago,” he said, referring to when he asked international lenders for a 10-billion euro ($11.35 billion) bailout and imposed austerity and bank deposit seizures in return.

Anastasiades asked that the Russian Ambassador convey his “deep feelings of appreciation to President Putin and Prime Minister Medvedev” and his best wishes for “steady progress and prosperity to the friendly people of Russia”.

“My own attendance here is a tangible proof that I and the government – and also the previous governments – greatly value the partnership that has been developed throughout the years between Cyprus and the Russian Federation,” the paper reported.

“A partnership that we are committed to continue upgrading and enriching, so as to foster even stronger links between our Governments and peoples,” Anastasiades said.

He said that during his visit to Russia last year the partnership had been advanced through the signing of a number of bilateral agreements in the fields of education, on economic co-operation, on research and technology and on justice.

Anastasiades also expressed his gratitude for the “vote of confidence, trust and faith which the Russian people, in particular the vibrant Russian community residing in Cyprus, as well as the Russian business community, have been displaying to Cyprus and its economic and banking system, particularly during the past three years”.

“To this end, I can assure you that Cyprus will remain a reliable partner to all of you, especially since we are now emerging stronger than ever from an unprecedented crisis.”

 

RELATED

NICOSIA - The trial of a Turkish-Cypriot lawyer, Akan Kursat, accused of brokering deals to sell property still owned by Greek-Cypriots on the occupied side of the island was suspended after the key witness died, Attorney-General George Savvides defending the move.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

Nikki Haley Wins the District of Columbia’s Republican Primary and Gets Her First 2024 Victory

WASHINGTON (AP) — Nikki Haley has won the Republican primary in the District of Columbia, notching her first victory of the 2024 campaign.

‘Apokries’ or Carnival features merriment and meat-eating before the start of Great Lent.

Books of every kind are sent in to the offices of The National Herald, showcasing the impressive range of experience and interests of Greek authors wherever they happen to live.

BALTIMORE, MD – The law firm of Peter Angelos was sold to three of the firm’s longtime senior attorneys on March 1, as ordered by a Baltimore County Circuit Court judge, The Daily Record (TDR) reported, noting that “Judge Keith R.

NICOSIA (AP) — Decades on from the ethnic division of Cyprus, tensions persist along the 180-kilometer buffer zone separating breakaway Turkish Cypriots from Greek Cypriots in the internationally recognized south, the head of the United Nations peacekeeping force on the island said Monday.