NICOSIA, May 19 (Xinhua) -- Cypriot authorities are racing to help hundreds of service providing companies affected by the sanctions the United States and the United Kingdom (UK) have recently introduced against Russia, an official said Friday.
Registrar of Companies Irini Mylona told state-run CyBC radio that about 600 Cypriot companies who have no connection whatsoever with Russian firms had their bank assets frozen, because they buy services from or were under the management of the two Cypriot companies on the sanctions list.
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