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Banks in Cyprus begin to close accounts of offshore companies
According to Alexander Zakharov, attorney and partner of the Paragon Advice Group,Banks in Cyprus received direction from the Central Bank of Cyprus ordering them to close accounts of offshore companies. The information was also confirmed by sources in international companies, reported RBC news agency reports.
Companies that are registered in Belize, the British Virgin Islands, the Seychelles, and other island territories of the Caribbean will be classified as offshore. Cyprus banks will close …
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Estonian Defense Minister: Ukraine and Georgia should wait for the right moment to join NATO
Estonian Minister of Defense, Jüri Luik, stated that Georgia and Ukraine should prepare for NATO membership and wait for the right moment, the ERR news agency reports.
“I told my Georgian and Ukrainian colleagues that you should never give up,” Luik stated. “The best example is the membership of the Baltic countries. It was considered a miracle, but, nevertheless, it happened.”
According to Luik, this became possible due to the sudden “affair” of former US President George Bush and Russian …
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Estonia to spend 188 million euros to reinforce border with Russia
Deutsche Welle reports that construction of infrastructure and equipment for technical surveillance systems on the Estonian border with Russia is scheduled to begin in 2019 and continue through 2026. The total cost of the project is expected to be 188 million euros.
On Saturday, June 2, the Estonian parliament, called the Riigikogu, reported on its website that the Estonian Ministry of the Interior has partnered with the European border guard service Frontex for the project.
Earlier, the …
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Serbian President explains decision not to recognize Crimea as part of Russia
Serbia has not recognized Russia’s annexation of Crimea, since it would have implied recognition of Kosovo’s independence, Serbian President Aleksandar Vučić told Le Monde in an interview.
“We have not recognized Crimea as part of Russia. If we did that, it would imply that we support the independence of Kosovo,” the Serbian leader said.
He also explained why Belgrade has not placed sanctions on Russia.
“Serbia cannot shoot itself in the foot by introducing sanctions against Russia. Put …
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Stoltenberg: NATO will not help Israel in the event of an attack by Iran
NATO Secretary General Jens Stoltenberg stated in an interview with Der Spiegel that NATO will not help Israel in the event of armed conflict with Iran. Stoltenberg noted that NATO cannot provide Israel with full security guarantees, since the country is not a member of the organization, although it remains a partner of the alliance. Stoltenberg stressed that the Alliance does not participate in the settlement process in the Middle East. “This is not our job,” he stated. However, he …