21 May 2015

Banks that will fail to comply with the Euro-FATCA standard will be banned from operations in the EU, including opening of correspondent accounts in any European banks and payments in Euro.

30 April 2015

US authorities are determined to influence the offshore schemes actively used by (inter alia) the US high-tech companies. Thus, Apple increased its offshore savings by 5.7 times in the period of 2010–2014, while Microsoft did over 3 times.

19 March 2015

The President of Cyprus, Nicos Anastasiades, recently visited Moscow where he held constructive talks over a range of issues. The two sides exchanged their views on the bilateral relations, setting goals for further development of the Russia-Cyprus cooperation.

25 February 2015

It becomes a tradition for the international charity NGO Oxfam to draw attention to the growing inequality on the planet just before the opening of the World Economic Forum in Davos.

10 February 2015

The ECB President Mario Draghi predicts deflation to the Euro-zone economy. In the end of last year, the Euro-zone economy showed sluggish growth. The study shows that last year, the fourth quarter was the worst. The Euro-zone growth in Q4-2014 was only 0.1%.

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