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Cyprus was already a hotspot for Russian tourists and investors (Photo: Marco Fieber)

EU monitoring Cyprus passport sales

The European Commission has said it is in a "dialogue" with Cyprus amid concerns on loopholes in its passport sale scheme.

A Commission spokesman said on Monday (18 September) that the EU executive started the talks in 2014 to make sure that a "genuine link" existed between buyers of Cypriot passports and the island state.

"As a result of this dialogue, Cyprus revised their [passport sale] law in late 2016", but the "dialogue remains ongoing," he said.

He noted that issui...

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

Cyprus was already a hotspot for Russian tourists and investors (Photo: Marco Fieber)

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

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