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481. Euler Hermes is now Allianz Trade

Todaymarks a new chapter in our story: Euler Hermes, the world leader in trade credit insurance, becomes Allianz Trade – a natural moveas we have been fully part of the Allianz Group since 2018...

482. K. Treppides & Co Ltd: Cryptocurrency: The requirement of a firm to service the local market trading in cryptocurrency

483. No more masks outdoors and an end to Safe Pass

The Cabinet of Ministers adjourned at noon today, but not before approving a set of new relaxed covid measures put forth by the Scientific Advisory Committee after yesterday's assessment and meeting with the Minister of Health Michalis Hadjipandelas....

484. Russia teetering on brink of default as US stops bond payments

The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million from reserves held at U.S. banks, in a move meant to ratchet up pressure on Moscow and eat into its holdings of dollars....

485. 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....

486. 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....

487. Ministers point out the need for 'the Cyprus experience' in tourism

There is a need for quality tourism in Cyprus as well as one that can be resilient in the face of a continuing crisis, ...

488. Exness opens its doors to university students of Cyprus

Exness, a fintech company specialized in trading, with headquarters in Limassol, announces its Open Doors Day, welcoming students from all Cyprus universities and all majors to two of its offices. ...

489. K. Treppides & Co Ltd: Cryptocurrency: Trading in cryptocurrency for own benefit. Cyprus tax treatment.

Seems that we cannot stop hearing stories about cryptos in our workplace and media or via web searching how many people have become millionaires trading in cryptocurrencies...

490. 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....

491. Consulco hosted the digital event ''UK Economy and Real Estate Outlook''

Consulco has successfully hosted the UK Economy and Real Estate Outlook event, along with four leading organization that have provided insights on the pressures the UK is facing today and their impact on key property markets. ...

492. K. Treppides & Co Ltd- Cryptocurrencies: Investment firms trading in cryptocurrencies. Authorization required.

Cryptocurrencies have taken the world by surprise in recent years, and transformed as the absolute trend in the virtual investing world. ...

493. Perdios: 'We will cover the loss of revenue from Russian tourists'

Despite losing ground in the Russian and Ukrainian markets due to the war in Ukraine and sanctions against Russia, Deputy Tourism Minister Savvas Perdios was optimistic on Tuesday that this year's tourist arrivals could catch up with 2021 from the promotion of other markets, which may fill part of the gap from Cyprus' second largest tourist market....

494. Cyprus is losing its Russians, confronting existential questions about its economy

For decades, Cyprus built an economy that courted Russians — Russian tourists, Russian investors, Russian oligarchs. ...

495. Sergei Guriev: Ukraine was a ‘major miscalculation’ by Putin

What Russian President Vladimir Putin was hoping to accomplish by invading Ukraine on February 24 was “another Crimea effect (in 2014 his approval rating grew from 60 to 90%),”...

496. 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....

497. K. Treppides & Co Ltd - Cryptocurrencies: Forex Companies trading in cryptocurrencies as underlying asset. How to apply.

Derivatives on virtual currencies / cryptocurrencies, such as contracts for differences (CFDs), options and futures, can qualify as financial instruments under MiFID II. Subsequently, the provision of investment services in relation to financial instruments with cryptocurrencies as underlying asset in and/or from Cyprus, requires specific authorisation by the Cyprus Securities and Exchange Commission (CySEC)....

498. 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....

499. Karousos: 'The Russian and Ukrainian markets are lost for this year'

An action plan for replacing the lost tourism from the Russian and Ukrainian markets is being prepared according to the Minister of Transportation, Communications and Works Yiannis Karoussos....

500. Fears of potential nuclear disaster at Europe's largest nuclear power plant

Russian forces seized the largest nuclear power plant in Europe after a building at the complex was set ablaze during intense fighting with Ukrainian defenders, Ukrainian authorities said on Friday....

501. Russian bank subsidiary in Europe collapses

While the Moscow Stock Exchange remains closed for a third straight day and the ruble is losing value inside and outside Russia, heading back to Monday's record low again, the ECB yesterday confirmed the first bankruptcy of a subsidiary in Europe caused by sanctions and massive withdrawals. ...

502. Western businesses’ flight from Russia continues

Russia’s business rupture with the West grew wider Monday as Shell, General Motors and others announced plans to end or freeze their dealings with the nation after its invasion of Ukraine....

503. 'Anonymous' group takes down three Russian news websites after attacking Kremlin-backed channel RT

Anonymous collective have taken down three Russian news agency websites after attacking Kremlin-backed channel RT....

504. How $300 billion in Russian money can shake markets

Credit Suisse's strategic analyst Zoltan Pozsar, who shows that Russia has about $ 300 billion in foreign currency swaps abroad,...

505. Ruble in free fall as sanctions against Russian central bank come into force

European Union sanctions against Russia's central bank have come into force after they were published in the EU Official Journal in the early hours of Monday, leading the ruble to fall sharply. ...

506. Graffiti and Ukrainian flags abound in Limassol in show of support (images)

In a show of support from locals, graffiti protesting Russia's barbaric moves, which seemed to have popped up overnight, were seen around Limassol. Ukrainian flags were also seen flying from flats in solidarity with the Ukrainian people....

507. 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....

508. '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. ...

509. Developments in the first few hours of the Russian invasion of Ukraine

Kharkiv - Fierce battles Fight in the cities, in the squares, where you live said in his sermon the President of Ukraine...

510. 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....