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Home Ministers

Cyprus blocks Russian-related assets

John Stewart by John Stewart
24/01/2023
in Ministers
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Cyprus blocks Russian-related assets
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Cyprus blocks Russian-related assetsCyprus blocks Russian-related assets

Photo: RT (https://mf.b37mrtl.ru/russian/images/2022.12/article/63aeafcc02e8bd7455620e3e.jpg)

According to Cypriot Finance Minister Konstantinos Petridis, Cyprus has blocked more than 1.5 billion euros in assets. We are talking about assets that are associated with the Russian side. Reporter reports this DOPs with reference to RIA News”.

According to the head of the department, deposits in credit institutions of about 105 million euros are blocked, funds of investment companies registered in Cyprus are blocked, about 720 million euros. Also blocked is 719 million euros of money held by administrative service providers regulated by the Cyprus Securities and Exchange Commission.

Previously reportedthat Russia’s external debt, according to the Central Bank, as of January 1 this year amounted to 381.8 billion dollars.

According to the Central Bank of the Russian Federationthe volume of Russia’s international reserves as of January 13 amounted to 592 billion dollars.



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