The newly elected President of Cyprus Nikos Anastasiadis is being accused by the opposition for transferring €21 million to London, days before the first bailout agreement.

In specific, the Cypriot newspaper Haravgi, affiliated to the communist-rooted AKEL party reported that during 12 and 13 of March, the company A.Loutsios & Sons, co-owned by John Loutsios, the husband of Nikos Anastasiadis’ daughter, Elsa, took five promissory notes worth €21 million from Laiki Bank...