UK Sanctions Against Russia Target Cypriot Firms

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UK Sanctions Against Russia Target Cypriot Firms

The Deloitte headquarters in Cyprus is seen. Meritservus firm and affiliates that were linked by British newspaper with Russian oligarchs, were sanctioned by UK government. Meritservus owner, lawyer Demetris Ioannides, was chairman emeritus of Deloitte Cyprus, on Apr. 21, 2023. Cyprus and Russia ties are more than just commercial, with shared roots and religious bonds, something that in recent years led to call Limassol, home of about 50.000 Russian speakers, Moscow on the Med. (Photo by Kostas Pikoulas/NurPhoto)


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