There will be no significant impact on the Cyprus banking system from the economic sanctions imposed against Russia as Cyprus banks have minimal exposure to the Russian economy and the significant reduction of Russian deposits during the last years, Finance Minister Constantinos Petrides reiterated on Wednesday. Petrides was speaking during an extraordinary virtual Council of the EU Finance Ministers who discussed the impact of the sanctions against Russia and the possible fallout to the European economy. According to a press release issued …
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President Xi: China and France should jointly prevent a new cold...
By Chris Michael
“As the world goes through transformation and turbulence not seen in a century, China and France should uphold their independence and jointly...