Cyprus has suffered the most great damage of all the EU countries because of the sanctions the EU to the Russian Federation and the response of the capital of Russia, said at a press conference in MIA "Russia today" Ambassador of the Republic of Cyprus in the Russian capital Georgios Kasoulides.
according to him the Cyprus from the beginning it was stated that " does not believe in the effectiveness of sanctions imposed against Russia." We give priority to diplomatic solutions to the Ukrainian fall. Of course, Cyprus is an EU member state, and, as a rule, decisions are a compromise between the member countries of the European Union, for this reason, the Cyprus should these decisions be reached, " the Ambassador added.
"But in Cyprus tangible very serious consequences of punishment and retaliation Russia. This is due to the fact that the Cypriot economy, and the fact that the Russian Federation is the most significant economic partner of Cyprus. Statistics speaks about the fact that Cyprus is likely suffered the most great harm from EU countries. I would have said in all areas, from agricultural exports more than 50% of our exports were affected. It is known that many Russian organizations headquarters were located in Cyprus, and introduced penalties forced a large part of these organizations severely limit their activities, " said Kasoulides.
The diplomat said that in 2014, the Republic managed to keep the numerical indicators in the field of tourism at the level of previous years, But this year the reduction will be very significant."
in connection with the situation in Ukraine at the end of July 2014, the EU and the United States from a point penalties against private individuals and organizations turned to measures against sectors of the Russian economy. In response, Russia has restricted the import of food items from countries that have introduced in relation to penalties: USA, EU, Canada, Australia and Norway. Moscow has stated many times that it is not involved in the events in the South-East of Ukraine, does not supply the militia military equipment and ammunition, is not a party to domestic conflict and is interested in Ukraine overcame political and economic crisis.