EU island nation bans Russian ruble transactions – media ...News

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EU island nation bans Russian ruble transactions – media
source : Russia Today ( News ) () 81
Cyprus is probing claims of sanctions violations, Politis newspaper writes The government of Cyprus has ordered the country’s banks to stop all transactions using the Russian ruble, the newspaper Politis reported on Tuesday. The outlet explained that the ban comes as part of an investigation into reported violations of the EU sanctions against Russia. It doesn’t specify when the ban came into force. The International Consortium of Investigative Journalists (ICIJ) claimed in its Cyprus Confidential report last month that a “sprawling financial industry” on the island enabled Moscow to dodge the sanctions regime. Ac

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