https://knews.kathimerini.com.cy/en/news/eu-bans-all-russian-owned-aircraft-from-eu-airspace-private-and-commercial
EC President Ursula von der Leyen announced today a ban on all Russian-owned aircraft, including commercial airlines and private jets owned by oligarchs...
https://knews.kathimerini.com.cy/en/news/cyprus-welcomes-ukrainians-amid-complaints
European countries have been welcoming war-fleeing Ukrainians in the last few days, prompting Cyprus’ president to step in following complaints about PCR costs, but other reports suggested foreigners inside the former soviet republic were being treated differently including ethnic Greeks...
https://knews.kathimerini.com.cy/en/news/i-need-ammunition-not-a-ride-zelensky-blasts-biden-for-offering-to-evacuate-him-from-kyiv
Ukrainian President Volodymyr Zelensky told President Joe Biden 'I need ammunition, not a ride,' when offered the chance of a US-backed evacuation....
https://knews.kathimerini.com.cy/en/news/eu-plans-to-freeze-assets-of-putin-lavrov
As the Ukraine crisis escalates since Russia invaded the country on Thursday following President Vladimir Putin's announcement of "military operation", ...
https://knews.kathimerini.com.cy/en/news/russian-forces-continue-to-pound-kiev
Missiles pounded Kyiv on Friday and families cowered in bomb shelters as Russian forces pressed their advance and authorities said they were girding for an assault aimed at overthrowing the government....
https://knews.kathimerini.com.cy/en/news/ukraine-multinational-companies-suspend-their-operations-in-wake-of-russian-inavsion
One company after another has decided to suspend its activities in Ukraine in the wake of the Russian invasion of the country and the uncertainty it has caused in international markets....
https://knews.kathimerini.com.cy/en/news/cypriot-video-game-designer-denies-links-to-malware-found-before-russian-invasion
A 24-year-old videogame designer who runs his small business out of a home next to an old Cypriot church in a quiet suburb of Nicosia now finds himself entangled in a global crisis following the Russian invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/i-am-target-number-one-zelensky-says-russian-special-forces-kill-squads-are-inside-kyiv-video
Ukraine's president has admitted that he is 'target number one' for Russian assassins in his capital but insisted that he remained in Kyiv as he urged his fellow citizens to remain strong.
...
https://knews.kathimerini.com.cy/en/news/i-will-not-be-diplomatic-on-this-ban-russia-from-swift-ukrainian-foreign-minister-dmytro-kuleba
As it meets to decide sanctions against Russia for its invasion of Ukraine, the EU is divided over whether to cut Russia off from SWIFT, a high-security payment network that connects thousands of financial institutions around the world....
https://knews.kathimerini.com.cy/en/news/eu-poised-to-announce-wide-ranging-sanctions-against-russia-over-ukraine
Russia’s defense minister, Sergei Shoigu, the commanders-in-chief of the Russian air force and the Black Sea fleet, leading state “propagandists” and 351 Duma deputies are expected to be targeted in EU sanctions announced on Wednesday....
https://knews.kathimerini.com.cy/en/business/cyprus-sees-increase-in-investment-funds
The number of investment funds in Cyprus recorded a new high in December 2021, reaching 257, with their total assets reaching 8.7404 billion euros, achieving a 2.4% increase, in comparison to September 2021, according to data published by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/biden-putin-s-actions-are-the-the-beginning-of-a-russian-invasion-of-ukraine
US President Joe Biden described events now underway in Ukraine as "the beginning of a Russian invasion of Ukraine" as he unveiled harsh new sanctions to punish Moscow....
https://knews.kathimerini.com.cy/en/news/pm-unveils-sanctions-on-five-russian-banks-and-three-high-net-worth-individuals
Boris Johnson today announced sanctions on five Russian banks and three 'high net worth' individuals in the first 'barrage' of the Western response to the invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/ukraine-russia-crisis-what-to-know-in-the-escalating-crisis
From a hastily-convened meeting of the United Nations Security Council to capitals around the world, leaders have condemned Russian President Vladimir Putin’s recognition of two pro-Russia regions in eastern Ukraine as independent and his order to send troops there....
https://knews.kathimerini.com.cy/en/news/ionian-islet-of-makri-to-go-under-the-hammer-in-july
The summer is expected to show whether the one square kilometer islet Makri, a part of the Echinades island cluster in the Ionian Sea, will finally get a new owner, this time through an auction, after the original bid for its sale failed....
https://knews.kathimerini.com.cy/en/news/historic-leak-of-swiss-banking-records-reveals-unsavory-clients
Despite two decades of pledges by Credit Suisse to crack down on illegitimate funds, data leaked from the bank reveals that it catered to dozens of criminals, dictators, intelligence officials, sanctioned parties and political actors with outsized wealth....
https://knews.kathimerini.com.cy/en/business/cyprus-reaches-new-record-in-number-of-investment-funds-€8-74-billion-in-total-assets
The number of Investment Funds in Cyprus recorded a new high in December 2021, reaching 257, with their total assets reaching €8,740.4 million, achieving a 2.4% increase, in comparison to September 2021, according to data published by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/ukraine-shows-unity-as-west-sees-no-sign-of-russian-pullback
Ukrainians defied pressure from Moscow with a national show of flag-waving unity Wednesday, while the West warned that it saw no sign of a promised pullback of Russian troops from Ukraine’s borders despite Kremlin declarations of a withdrawal....
https://knews.kathimerini.com.cy/en/business/jp-morgan-is-first-bank-to-enter-the-metaverse-with-a-virtual-onyx-lounge
J.P. Morgan opened up an "Onyx lounge" in the metaverse on Tuesday, a virtual lounge in the blockchain-based world of Decentraland....
https://knews.kathimerini.com.cy/en/business/digital-ruble-trial-goes-live-as-bank-of-russia-insists-on-bitcoin-ban
Amid more reports on the Bank of Russia rejecting the Finance Ministry’s proposal of cryptocurrency regulation, the central bank has kicked off trials of its own digital currency....
https://knews.kathimerini.com.cy/en/news/op-ed-complicated-relationships-amidst-a-crisis
The Ukrainian crisis and the diplomatic initiatives of recent days are shedding light on the complex alliances being tested and on the possible new outbreaks of tension....
https://knews.kathimerini.com.cy/en/business/alpha-bank-group-sells-€2-4-billion-npl-and-real-estate-portfolio-in-cyprus
Alpha Services and Holdings S.A. (together with its subsidiaries) has reached an agreement with an affiliate of Cerberus Capital Management, L.P. for the sale of a portfolio of Cypriot non-performing loans and real estate properties of a total gross book value of 2.4 billion euro....
https://knews.kathimerini.com.cy/en/life/8-special-ways-to-celebrate-valentine-s-day
Love means never having to say you're sorry, especially on Valentine's Day when expectations are high!...
https://knews.kathimerini.com.cy/en/news/peo-concerned-about-increase-in-fuel-and-basic-consumer-products
The Pancyprian Federation of Labor (PEO) has expressed its concern about the continuous upward trend in fuel prices, which, as it notes, "will add to the cost of basic consumer products"....
https://knews.kathimerini.com.cy/en/business/credit-suisse-faces-money-laundering-charges-in-bulgarian-cocaine-traffickers-trial
Credit Suisse faced charges in a Swiss court on Monday for allowing an alleged Bulgarian cocaine trafficking gang to launder millions of euros, some of it stuffed into suitcases....
https://knews.kathimerini.com.cy/en/business/interest-rates-on-corporate-deposits-are-at-a-new-low
Interest rates for corporate deposits fell to a new historical low, which in December 2021 stood at 0.02%, while the interest rate for household deposits remained unchanged at 0.06%....
https://knews.kathimerini.com.cy/en/news/take-back-life-more-nations-ease-coronavirus-restrictions
Late-night partying at clubs. Elbow-to-elbow seating in movie theaters. Going without masks in public, especially in Europe and North America: Step by step, many countries are easing their COVID-19 restrictions amid hopes the omicron wave may have passed its peak....
https://knews.kathimerini.com.cy/en/business/cyprus-had-the-highest-stock-of-npls-in-eu-in-2020-eurostat-says
Cyprus remained the country with the highest stock of non-performing loans (assets) of the general government in 2020, according to data released by Eurostat, the statistical office of the European Union....
https://knews.kathimerini.com.cy/en/news/christine-lagarde-to-visit-cyprus-on-march-29
President of the European Central Bank, Christine Lagarde, will visit Cyprus on March 29, at the invitation of the Central Bank of Cyprus Governor, Constantinos Herodotou....
https://knews.kathimerini.com.cy/en/business/can-banking-institutions-unilaterally-impose-new-policies-on-clients-with-housing-loan-agreements
I have recently been dealing with a case where a banking institution in Cyprus has requested from the client to either repay his housing loan earlier or transfer his loan to another bank. ...
