The country is considered a tax and money laundering paradise for oligarchs.
(Photo: dpa)
Athens Of all heads of state and government, Cyprus President Nikos Anastasiades had the longest journey to the EU summit on Thursday. He was just visiting Dubai. The flight to Brussels took more than seven hours. Plenty of time for Anastasiades to prepare for a particularly delicate meeting for him.
The Russian invasion of Ukraine puts the Cypriots in a conflict of interest. On the one hand, he is expected to support the EU sanctions against Russia – especially since Cyprus is constantly demanding European support in the ongoing conflict with Turkey.
On the other hand, the island republic maintains particularly close ties with Russia. Almost five percent of the inhabitants of the island republic are Russians, including quite a few with good contacts to the Kremlin. Russians also make up the second most vacationers on the island after the British, the former colonial masters of Cyprus.
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