According to Turkish newsnewpaper Kibris, Turkish Cypriots have been revealing critical information, concerning current UN backed negotiations between the two territories of Cyprus.

Cypriot Foreign Minister Ioannis Kasoulides is warning that the nation's financial associations with Russia may be destroyed, if the European Union administers a third segment of sanctions, regarding its role in the Ukrainian turmoil.

As reported by a European Commission document, Cypriot financial adjustment protocols are continuing on the right path, while implementation strides have been achieved in all major sectors, however some challenges remain.