NATO will Deploy Patriot Air Defense Systems in Ukraine
NATO has announced plans to send Patriot air defense systems to the embattled nation
Cyprus Finance Minister Michalis Sarris is set to be in Moscow for talks on Wednesday, hoping to negotiate a delay in the repayment of Russia's EUR 2.5 B loan.
Russia has also said it may reconsider the terms of the loan it made to Cyprus in 2011, which was separate from the proposed eurozone bailout.
Cypriot Finance Minister Michalis Sarris arrived in Moscow on Tuesday to see if the repayment on that loan could be delayed until 2020, and whether the interest rate could be reduced.
But any tax on bank accounts, even if mitigated by a loan from Russia, would still carry the risk of a serious flight of capital, according to commentators.
Russians account for about a third of all deposits in Cypriot banks, and Russian banks have lent heavily to businesses on the island.
The plan to tax bigger deposits at a higher rate has angered Russia.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
In a move sparking controversy and diplomatic ripples, the United States wielded its veto power at the United Nations to thwart a resolution advocating for the recognition of a Palestinian state
Ukraine's defense industry is embarking on a comprehensive overhaul of Bulgarian armored personnel carriers (APCs), which are slated to be deployed to the frontline in the near future
NATO has announced plans to send Patriot air defense systems to the embattled nation
Israel launched a series of attacks with drones targeting multiple sites in Iran, triggering explosions and raising alarms across the region.
Ukraine's Prime Minister, Denys Shmyhal, issued a stark warning, stating that a third world war would erupt if Russia emerged victorious in the ongoing conflict
In a widely expected outcome, Croatia's ruling conservative party, the Croatian Democratic Union (HDZ), emerged victorious in the parliamentary elections
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022