Posts tagged as Cyprus

Latvia mentioned Cyprus in passport-buying scandal

Monday, October 26, 2020

Officials in Latvia have denied that it is possible for wealthy individuals to simply buy a passport, following a report on international news channel Al Jazeera  which mentioned such a claim. Al Jazeera secretly recorded a conversation with the Speaker of the Cypriot Parliament, Demetris Syllouris. He offers to obtain a Cypriot passport for a businessman convicted in China, but mentions in passing that if problems arise, it is possible to do the same in Latvia and…

Lithuania allows flights to 6 countries, including Italy

Thursday, June 11, 2020

The Lithuanian government gave the nod to resuming direct regular flights to six more countries: Cyprus, Greece, Croatia, Italy, Spain and Ireland. The foreign minister said Wizz Air, Ryanair and Air Baltic had asked for permission to relaunch more flights to and from Lithuania. “Cyprus will reopen to unrestricted travel by Lithuanian citizens from June 20. Wizz Air would fly to Larnaca from Vilnius and Ryanair would fly to Paphos…

Lithuania’s Klaipedos Nafta bids to operate LNG terminal in Cyprus

Tuesday, July 30, 2019

Lithuania’s state-run oil and LNG terminal operator Klaipedos Nafta (Klaipeda Oil) is partnering with other international companies and will take part in a 500 mln euro tender for the design, construction and operation of the Cyprus LNG import terminal, reporterd LETA/BNS. If successful, Klaipedos Nafta and its partners, including Samsung C&T, Posco E&C, Mitsui O.S.K. Lines and Osaka Gas, will provide long-term operation and maintenance services for this terminal, the…

Accounting firm investigated after acting as intermediary in tank deal

Wednesday, August 8, 2018

An accountancy firm based in Tallinn is being investigated after acting as intermediary in an arms deal between the Ministry of Defence of Georgia, and a company in Cyprus. According to weekly Eesti Ekspress, Georgia wanted to conclude a deal to purchase T-72 tanks, of Ukrainian origin, from the Cypriot-based firm, for a reported €3 million, but the transaction fund were transferred via an Estonian accountancy firm. The transfer raised…