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Cyprus

Israeli developer accuses Cyprus of political persecution in landmark lawsuit
4-Apr-2025 Ynetnews
The lawsuit, filed against the Republic of Cyprus, is based on a 1998 bilateral investment treaty between Cyprus and Israel.
Armenian government faces $1.2 billion lawsuit from foreign investor
1-Jul-2024 Azatutyun
A Cyprus-registered shell company that owns a minority stake in Armenia’s largest mining enterprise has filed a $1.2 billion lawsuit against the Armenian government.
Government wins landmark international arbitration case against Laiki, Bank of Cyprus depositors
23-May-2024 In-Cyprus
The World Bank’s International Centre for Settlement of Investment Disputes (ICSID) tribunal unanimously rejected a USD 600 million claim by depositors and bondholders of Laiki Bank and the Bank of Cyprus.
Talks to begin with parties after rejection of CETA
5-Aug-2020 Cyprus Mail
The government will initiate a round of deliberations with political parties here after the House plenum voted against ratifying the Comprehensive Economic and Trade Agreement between the EU and Canada.
Cyprus blocks EU-Canada trade deal because of Halloumi
5-Aug-2020 Time24
There is a new hurdle for the CETA economic agreement between the EU and Canada – this time from Cyprus. The country is concerned about the sale of agricultural products.
Wind farm owner sues Romania at WB’s arbitrage court
27-May-2020 Romania-Insider
Cyprus-based offshore EP Wind Project (Rom) Six Ltd claims that Romania has breached the Energy Charter Treaty.
Investor state dispute settlement and financial crises
12-Dec-2014 WEED
The film explains how the settlement works and why it endangers necessary governmental rescue measures in financial crises as occurred in Greece, Cypress and Argentina.
Washington court rules in Hungary’s favor in cancelled casino investment case
3-Oct-2014 Politics.hu
An ICSID arbitration panel rules in favour of Hungary against US/Israeli investors seeking €300 million in compensation for a failed casino project.
Israeli investors seek damages from Hungary in international arbitration court
10-Nov-2013
The International Centre for Settlement of Investment Disputes (ICSID), in Washington, DC, will hear a case by Israeli investors seeking more than 100 billion forints (EUR 337m) in damages from the state of Hungary because of a failed casino investment, daily Magyar Nemzet said on its website on Saturday.
See you in court: Russians may sue over Cyprus losses
27-Mar-2013 Reuters
Russian businesses and banks that face losses from the European Union’s bailout of Cyprus are considering legal action but may have a hard time making a case, say lawyers who are combing through treaties find strategies to recover funds.
China, Cyprus sign agreement on economic cooperation
4-Sep-2006 People’s Daily
China and Cyrus signed an economic cooperation agreement on Wednesday, pledging to strengthen and develop bilateral cooperation in the sectors of trade, research, science and technology.