https://knews.kathimerini.com.cy/en/business/first-ever-publicly-financed-equity-fund-will-benefit-cyprus-startups
The Ministry of Finance has long been committed to introducing a financial instrument to support startups and innovative companies with equity financing, ...
https://knews.kathimerini.com.cy/en/news/pm-hails-‘new-energy-gateway-at-lng-terminal-project-launch-in-northern-greece
The liquified natural gas terminal being developed in Alexandroupoli will be a “new energy gateway” that will help Europe and the Balkans become less reliant on Russian supplies, Prime Minister Kyriakos Mitsotakis said on Tuesday, at the inauguration of the landmark project in northern Greece....
https://knews.kathimerini.com.cy/en/news/cyprus-and-eu-economies-facing-a-twin-problem-following-the-war-in-ukraine
The EU and Cyprus economies are facing a “twin problem” of rising commodity and energy prices and heightened uncertainty following the invasion of Russia in Ukraine, according to discussions held by the Nicosia Chamber of Commerce and Industry and the European Investment Bank (EIB)....
https://knews.kathimerini.com.cy/en/business/cyprus-greece-ferry-connection-tariffs-and-dates
After 21 years, the maritime passenger connection between Cyprus and Greece becomes a reality. On June 19, M/V Daleela will set sail from the port of Limassol on its first of many roundtrip voyages to Piraeus, thus inaugurating the new service put in place by the Ministry of Shipping....
https://knews.kathimerini.com.cy/en/business/ey-survey-growing-sustainability-risks-put-pressure-on-law-departments
Law departments around the world are facing a rising tide of risks relating to sustainability, but they do not feel that business leadership fully understands the implications, and they require additional resources to manage them effectively, according to a new study from EY Law and the Harvard Law School Center on the Legal Profession....
https://knews.kathimerini.com.cy/en/news/europe-scrambles-for-natural-gas-solution-as-putin-squeezes-supply
The European Union is racing to find alternative suppliers of natural gas after Russia's Gazprom cut flows to two EU nations, sparking fears that others will soon follow....
https://knews.kathimerini.com.cy/en/business/consulco-s-london-credit-fund-q1-2022-results
Consulco achieved a remarkable first quarter of 2022, during which our London Credit Fund achieved a dividend of £ 13.07 per unit of its Class A shares, $ 11.14 per unit for its Class C shares and € 9.00 per unit for its Class E shares. ...
https://knews.kathimerini.com.cy/en/news/erdogan-critic-in-cyprus-sentenced-by-turkish-court
Turkish Cypriot journalist Sener Levent says he does not recognize a sentence handed down by a court in Turkey, where prosecutors accused him in absentia of insulting the country’s president with an offensive cartoon as well as offending the state’s military...
https://knews.kathimerini.com.cy/en/news/urgency-and-skepticism-clash-as-west-probes-chems-in-ukraine
Moscow says claims by American officials about the possibility of Russia using chemical weapons in Ukraine were 'baseless' as politicians and experts were becoming more skeptical about Kiev’s allegations...
https://knews.kathimerini.com.cy/en/news/zelenskyy-fed-up-with-un-and-nato-s-diplomatic-approach-to-russia-s-invasion
Zelenskyy said he was fed up with the UN and NATO's diplomatic approach to Russia's invasion: 'I don't have any more lives to give'...
https://knews.kathimerini.com.cy/en/news/nuland-for-eastmed-not-economically-viable-and-will-last-too-long
"Countries in this region have realized that dependence on Russian oil and gas is extremely bad and there is a convergence of interest in diversifying sources of supply, even as we work to move to green energy," according to US Undersecretary of State Victoria Nuland after her meeting this morning at the Presidential Palace with the President of the Republic, Nicos Anastasiadis....
https://knews.kathimerini.com.cy/en/news/op-ed-let-s-imagine-putin-didn-t-miscalculate
The conventional wisdom is that Vladimir Putin catastrophically miscalculated. He thought Russian-speaking Ukrainians would welcome his troops. They didn’t. ...
https://knews.kathimerini.com.cy/en/news/anastasiades-we-have-nothing-against-russians-only-their-government-s-actions
"As a country that has been invaded and continues to be occupied, we are obliged, as a matter of principle, to stand with the Ukrainian people and denounce the Russian invasion of Ukraine....
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/male-birth-control-pill-in-the-works
A contraceptive pill for men has been developed by a team of scientists from the University of Minnesota. According to the researchers, the drug was 99% effective in mice, with no side effects.
...
https://knews.kathimerini.com.cy/en/news/postal-drone-delivery-comes-to-cyprus
As the Minister of Transport, Communications and Works, Giannis Karousos, stated today (Monday, March 28) and confirmed through a post on Facebook, the Cypriot post offices are being upgraded, modernizing their services and entering a new era....
https://knews.kathimerini.com.cy/en/news/rcb-bank-invites-depositors-to-withdraw-their-money
RCB Bank will invite its depositors to withdraw their money. According to Kathimerini sources, RCB Bank customers are expected to be able to either receive their deposits on hand or transfer them to other Cypriot banks....
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/1-op-ed-the-new-cold-war
Sometimes important news is overlooked. I read in Bloomberg on Tuesday that China and Saudi Arabia are negotiating oil sales in the Chinese yuan, rather than in dollars....
https://knews.kathimerini.com.cy/en/news/zelensky-to-us-congress-is-it-too-much-to-ask-for-a-no-fly-zone-video
President Volodymyr Zelensky said Ukraine is going through 9/11 and Pearl Harbor every day, urged the US to protect his skies as he invoked Martin Luther King and the Founding Fathers in a heart-wrenching speech to Congress on Wednesday morning....
https://knews.kathimerini.com.cy/en/business/russia-is-seizing-western-built-airliners-while-sanctions-block-parts-maintenance-and-support
On Monday, Russian President Vladimir Putin signed a law that will allow Russian airlines to take control of hundreds of the Western-built planes leased from international firms, Russian news agency TASS reported, per The Wall Street Journal....
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/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/usa-first-man-to-receive-pig-heart-transplant-dies
The first person to receive a heart transplant from a pig has died, two months after the groundbreaking experiment, the Maryland hospital that performed the surgery announced Wednesday....
https://knews.kathimerini.com.cy/en/business/five-female-run-businesses-using-design-to-create-a-waste-free-world
From ‘collaborating’ with bacteria to make material for trainers, to ‘unplastic’ made from brewery waste, these female-founded businesses enlist the power of creativity to do away with waste....
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....
https://knews.kathimerini.com.cy/en/news/versailles-summit-difference-of-views-on-ukraine-s-accession-eurobond
VERSAILLES - RESPONSE. Resistance within the EU is strong against new excesses to deal with the multifaceted crisis that erupted with the Russian invasion of Ukraine. ...
https://knews.kathimerini.com.cy/en/news/averof-calls-on-government-to-abolish-cyprus-flight-pass-from-1-april
The President of the DISY, Mr. Averof Neophytou, had successive meetings with the political leadership and tourism organizations today, with the aim of coordinating the efforts to deal with the consequences of the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/petrides-cyprus-banks-are-safe-from-exposure-to-russia
The economic sanctions imposed against Russia following the invasion of Ukraine are not affecting Cyprus to a large extent as the island’s banking system has no exposure to Russia...
