Cypriot Money Laundering Reforms Driving Away Russian Money
NICOSIA – Fighting a reputation as a money haven for tax cheats and criminals, new anti-money laundering regulations are working on Cyprus but led wealthy […]
Economy
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ExxonMobil Finishes Cyprus 1st Drilling: Turkey Will Start
As the US’ ExxonMobil finished its exploratory drilling off Cyprus in the hunt for oil and gas, Turkish Foreign Minister Mevlut Cavusoglu said his country […]
Ignored Cyprus Complains to UN Again About Turkish Energy Hunt
NICOSIA – Having gotten nowhere with previous complaints, Cyprus again wants the United Nations to do something about Turkey sending energy research ships into the […]
With Record Tourism, Cyprus Finally Has Tourism Ministry
NICOSIA – Its once-teetering economy saved with the help of record runs of foreign visitors, Cyprus has set up a Tourism Ministry to concentrate solely […]
Cyprus’ Banks Say They’re Tough on Money-Laundering
NICOSIA — Banks in Cyprus aren’t easy marks for criminals and tax cheats and have adopted some of the toughest anti-money laundering regulations in the […]
Cyprus Sees Sea Change in US Attitude, Disregarding Turkey
A United States charge to support Cyprus’ right to explore for energy in its Exclusive Economic Zone (EEZ) off the coasts in defiance of Turkish […]
Hitting Back at US, Turkish Defense Chief Warns No Drilling Off Cyprus
With the United States warning against interference in drilling for oil and gas off Cyprus where the American energy giant ExxonMobil is operating, Turkish Defense […]
Dissing Turkey, US Again Backs Cyprus’ Energy Drilling
Repeated warnings by Turkey that foreign energy companies are risking trouble if they try to drill for oil and gas off Cyprus were met with […]
Hungary Looks at Cyprus Gas to Diversity Energy Supply
NICOSIA, Cyprus (AP) — Hungary’s foreign minister says Cyprus’ offshore gas deposits could become an alternative energy source for his country, which is seeking to […]
Court Clears Two Former Bank of Cyprus Officials of Market Manipulation
NICOSIA – Two ex-Bank of Cyprus top officials accused of taking part in a scheme to fake the 2010 annual report and manipulate the market […]
