At a jam-packed EU summit in Brussels on 23 October, dominated by the thorny problem of utilizing frozen Russian property, we caught up with the Deputy Minister for European Affairs of Cyprus, Marilena Raouna. Though Belgium was on the centre of haggling over tips on how to flip the Russian property right into a “reparation mortgage” to assist Ukraine, it’s not the one nation involved by the problem. Cyprus has frozen €1.2 billion in Russian property. Raouna emphasises that Cyprus has “utterly turned the web page” on Russian cash flowing by the nation and that supporting Ukraine will likely be a “prime precedence” when Cyprus assumes the rotating EU presidency in January 2026.
Cyprus has "utterly turned the web page" on Russian cash: Cypriot Deputy Europe Minister Raouna
