https://knews.kathimerini.com.cy/en/news/eastmed-in-position-to-cover-15-16-of-eu-s-annual-russian-gas-imports
The Eastern Mediterranean can provide Europe with 15-16% of its annual imports of natural gas from Russia, according to the former foreign minister of Cyprus, Nikos Christodoulides....
https://knews.kathimerini.com.cy/en/news/us-sees-key-role-for-east-med-in-new-energy-landscape
Washington has stressed the renewed importance of the eastern Mediterranean region in the wake of Russia’s invasion of Ukraine and Europe’s need to cut energy dependence on Russia....
https://knews.kathimerini.com.cy/en/news/lagarde-cyprus-will-be-affected-by-inflation-and-rising-energy-costs
Cyprus will be affected by inflationary pressures and higher energy costs due to its dependence on oil imports for electricity generation, according to European Central Bank President Christine Lagarde....
https://knews.kathimerini.com.cy/en/news/op-ed-fertilizer-inflation-presages-a-global-food-supply-crisis
We know that the war in Ukraine has led to sharp increases in prices for both food and fuel. This in turn has sparked concern that we may see a repeat of the famine and food riots that took place in 22 countries in the years following the global financial crisis, caused by a perfect storm of rising commodities prices....
https://knews.kathimerini.com.cy/en/news/us-imposes-fresh-sanctions-on-russia-while-providing-an-additional-$1b-in-humanitarian-aid
The United States will expand its sanctions on Russia in response to the invasion of Ukraine, targeting members of the country’s parliament and the central bank’s gold reserves, the White House announced Thursday....
https://knews.kathimerini.com.cy/en/news/hacktivist-group-anonymous-claims-to-have-hacked-russia-s-central-bank
International hacking collective Anonymous claims to have exploited Russia's Central Bank - and is threatening to release 35,000 files which include 'secret agreements' in the next 48 hours....
https://knews.kathimerini.com.cy/en/news/putin-wants-unfriendly-countries-to-pay-for-russian-gas-in-roubles
Russia will seek payment in roubles for gas sales from “unfriendly” countries, President Vladimir Putin said on Wednesday, sending European gas prices soaring on concerns the move would exacerbate the region’s energy crunch....
https://knews.kathimerini.com.cy/en/news/president-turkey-s-circumvention-of-sanctions-hugely-impacts-cyprus
The President of the Republic Mr. Nicos Anastasiadis participated today in a preparatory teleconference convened by the President of the European Council Mr. Charles Michel...
https://knews.kathimerini.com.cy/en/news/op-ed-gas-to-europe-via-greece
One of the many aspects of the war in Ukraine is the European recognition of the pressing need to become independent from Russia on energy....
https://knews.kathimerini.com.cy/en/news/high-quality-natural-gas-found-in-block-10-of-cyprus-eez
The "Glafkos-2" appraisal well in Block 10 of the Exclusive Economic Zone (EEZ) of the Republic of Cyprus revealed the existence of high-quality natural gas, according to an announcement issued on Monday by the Ministry of Energy, Trade and Industry....
https://knews.kathimerini.com.cy/en/news/averof-neofytou-promises-an-end-to-corruption-and-radical-education-reform
The Supreme Council of the ruling party Democratic Rally (DISY) unanimously ratified the candidacy of the party’s president Averof Neofytou for the Presidency of the Republic....
https://knews.kathimerini.com.cy/en/news/cyprus-produced-543-000-tons-of-solid-waste-in-2020
Today, March 18, marks World Recycling Day. It is the day when people around the world raise awareness on the importance of recycling and reuse, which are key to converting waste into resources for a circular economy....
https://knews.kathimerini.com.cy/en/news/moscow-jumps-on-burisma-links-to-kiev
Moscow has put together an elaborate diagram alleging Biden connections to Ukrainian biological labs, with new revelations initially described by Washington as “Russian disinformation” now gaining traction in the United States and reaching all the way to Cyprus...
https://knews.kathimerini.com.cy/en/news/energy-minister-expects-developments-on-cyprus-confirmed-gas-deposits
Cyprus’ Minister of Energy, Trade and Industry Natasa Pilides has told CNA she expects developments soon regarding the exploitation of Cypriot natural gas fields, given the large increase in natural gas prices internationally....
https://knews.kathimerini.com.cy/en/news/the-med-gets-first-offshore-wind-farm-as-italy-vows-energy-revolution
The Mediterranean's first offshore wind farm is rising from the shallows off Italy, its turbines a symbol of hope for a Europe suffering an energy crisis exacerbated by war....
https://knews.kathimerini.com.cy/en/news/loss-of-1-5-to-2-of-cypriot-gdp-due-to-a-ban-on-russian-flights
Cyprus could lose 1.5% to 2% of its growth rate this year if the Cypriot airspace (under EU sanctions) to Russia remains closed for the whole of 2022, estimates the rating agency DBRS Morningstar, noting that despite the negative impact, the war in Ukraine will not derail the medium-term prospects of the Cypriot economy....
https://knews.kathimerini.com.cy/en/news/squatters-occupy-russian-oligarch-s-london-mansion
Squatters have occupied the London mansion suspected of belonging to Russian billionaire Oleg Deripaska, who was placed on Britain's sanctions list last week, unfurling a Ukrainian flag and a banner saying 'This property has been liberated'....
https://knews.kathimerini.com.cy/en/news/kasoulides-confidence-building-measures-postponed-for-now-due-to-ukraine-crisis
The promotion of Confidence Building Measures (CBMs) between the two communities in Cyprus will continue at a later stage due to developments in Ukraine, Foreign Minister Ioannis Kasoulides told CNA....
https://knews.kathimerini.com.cy/en/life/volkswagen-gets-a-lot-of-buzz-premiering-their-new-electric-throwback-bus-–-the-id-buzz-images
Volkswagen unveiled their new ID. Buzz in Hamburg, calling it “Europe’s first all-electric bus”....
https://knews.kathimerini.com.cy/en/news/op-ed-a-new-impetus-for-gas-in-the-eastern-mediterranean
The war in Ukraine has upended Europe’s energy security. Continuing to rely on Russian energy is no longer tolerable, even if the relationship cannot be severed overnight....
https://knews.kathimerini.com.cy/en/news/finance-minister-concerned-over-rising-energy-and-grain-prices
Finance Minister Constantinos Petrides said today that he is concerned about the rising prices of grain and energy and the possibility of 'stagflation', but excluded the possibility of the Cypriot economy slipping into recession....
https://knews.kathimerini.com.cy/en/news/anastasiades-turkey-s-non-alignment-with-eu-s-sanctions-on-russia-is-problematic
President of Cyprus Nicos Anastasiades underlined the role that Cyprus can play in providing the European Union with energy and the problematic fact that Turkey has not aligned itself with the EU’s sanctions against Russia after the invasion of Ukraine...
https://knews.kathimerini.com.cy/en/news/up-to-10-cents-more-for-oil-and-gas-from-today
An increase in the price of fuel is expected to begin today. The deputy director of the Consumer Protection Service, Antonis Ioannou, told Kathimerini...
https://knews.kathimerini.com.cy/en/news/uk-freezes-assets-of-roman-abramovich-and-6-other-oligarchs-banned-from-travel
Roman Abramovich is among seven oligarchs to be hit with an asset freeze and travel bans under brutal new UK sanctions unveiled today....
https://knews.kathimerini.com.cy/en/news/op-ed-a-war-of-endurance
It is very difficult to say how the war in Ukraine will end and how long it will last. It is purely a question of endurance, of who will last longer....
https://knews.kathimerini.com.cy/en/news/russia-will-default-on-its-debts-imminently-fitch-ratings-agency-has-warned
Russia will default on its debts 'imminently', a leading credit rating agency has warned, as sanctions over Ukraine continue to pummel the country's economy....
https://knews.kathimerini.com.cy/en/news/us-to-ban-all-russian-oil-imports-reports-say
Joe Biden has decided to ban Russian oil imports to America in a dramatic ratcheting up of the economic squeeze on Vladimir Putin’s regime, according to reports from the US....
https://knews.kathimerini.com.cy/en/news/eu-plans-to-cut-russian-gas-imports-by-two-thirds-in-a-year
The European Union will outline a plan on Tuesday to cut Russian gas imports by two-thirds within a year as it seeks to reduce its dependency on the country’s fuel supplies after Moscow’s invasion of Ukraine.
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https://knews.kathimerini.com.cy/en/news/a-ban-on-golden-passports-and-the-ukrainian-crisis-on-the-agenda-at-eu-plenary
The European Parliament is scheduled to have its plenary session this week from the 7th to the 10th of March in Strasbourg. On the agenda will be, most importantly, the Ukrainian issue as well as a discussion on an EU-wide ban on citizenship by investment schemes....
https://knews.kathimerini.com.cy/en/news/europe-wholesale-gas-prices-surge-to-record-on-russia-supply-fears
Wholesale gas prices in Europe have surged above €200 a megawatt-hour for the first time as big consumers fret about supplies from Russia....
