https://knews.kathimerini.com.cy/en/news/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.
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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/russia-targets-new-cities-and-calls-on-foreign-‘volunteers-to-join-fight
Russia launched airstrikes deeper into Ukraine and called on foreign “volunteers” to join its war on Friday as Moscow stepped up unfounded allegations over chemical weapons threats.
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https://knews.kathimerini.com.cy/en/business/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)....
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/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/switzerland-will-freeze-russian-owned-crypto-assets
Switzerland is to freeze all crypto assets held within its borders that are owned by Russians and the country’s businesses sanctioned by the EU....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/new-covid-relaxations-announced-today
The session of the Council of Ministers which began at 10 am this morning ended shortly after noon today followed by an announcement of new relaxations to the covid restrictions in Cyprus....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/the-new-and-improved-covscan-cyprus-ready-for-use
The Deputy Ministry of Research and Innovation has finalized the changes needed in the app to automatically recognize the new health protocols in place for establishments and businesses on the island....
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/exports-of-halloumi-medicine-and-other-local-products-to-the-uae
The enhancement of trade relations between Cyprus and the UAE, was discussed on Wednesday in Dubai, during a meeting between Cyprus Energy, Commerce, and Industry Minister, Natasa Pilides, and UAE Minister of State for Foreign Trade Thani Ahmad Al Zeyoudi....
https://knews.kathimerini.com.cy/en/news/subsidies-worth-€158-million-for-households-and-businesses-to-be-doled-out-in-2022
Grant schemes, worth €158 million, will be made available in 2022, Minister of Energy, Trade and Industry Natasa Pilides announced during an online workshop, on Wednesday, 16 February....
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/relaxation-of-measures-to-begin-next-week
New covid measures have been announced today following the meeting of the Minister of Health and the Scientific Advisory Committee this morning. ...
https://knews.kathimerini.com.cy/en/news/sweden-ends-covid-19-testing-as-pandemic-restrictions-lifted
Sweden has halted wide-scale testing for COVID-19 even among people showing symptoms of an infection, putting an end to the mobile city-square tent sites, ...
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/news/us-urges-canada-to-use-federal-powers-to-end-bridge-blockade
The Biden administration urged Prime Minister Justin Trudeau’s government Thursday to use its federal powers to end the truck blockade by Canadians protesting the country’s COVID-19 restrictions, as the bumper-to-bumper demonstration forced auto plants on both sides of the border to shut down or scale back production....
https://knews.kathimerini.com.cy/en/business/a-10-year-old-girl-already-owns-2-companies-and-could-retire-at-15-as-a-multimillionaire
Despite still being in elementary school, an Australian girl is on her way to retiring as a millionaire at the tender age of 15....
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/news/climate-change-can-only-be-tackled-if-we-act-collectively-anastasiades
Climate Change is affecting every country and can only be tackled if we collectively act, pledged President of the Republic of Cyprus Nicos Anastasiades....
https://knews.kathimerini.com.cy/en/business/pandemic-to-‘spell-end-of-tax-privileges-for-billionaires
Thomas Piketty is one of the most famous economists in the world. His weighty tomes on inequality and its dangerous consequences for global capitalism have been widely praised by other stars of the dismal science, like Paul Krugman and Robert Solow. ...
https://knews.kathimerini.com.cy/en/news/subsidy-schemes-to-make-cyprus-one-of-the-top-30-tourism-destinations
The Deputy Ministry of Tourism on Friday presented 12 subsidy schemes aimed at making Cyprus one of the 30 countries with the most developed tourism in the world by helping local authorities, organizations and companies to improve their services and attract more visitors....
https://knews.kathimerini.com.cy/en/business/delema-mccann-recognized-for-the-2nd-consecutive-year-as-a-great-place-to-work®
DELEMA McCANN is the first advertising / communication agency in Cyprus to receive the coveted Great Place to Work® certification for the 2nd consecutive year. ...
https://knews.kathimerini.com.cy/en/news/supreme-court-halts-covid-19-vaccine-mandate-for-us-businesses
The Supreme Court has stopped a major push by the Biden administration to boost the nation’s COVID-19 vaccination rate, a requirement that employees at large businesses get a vaccine or test regularly and wear a mask on the job....
https://knews.kathimerini.com.cy/en/news/britain-rubbish-isn-t-collected-supermarkets-shelves-are-empty-and-councils-slash-services
The UK's self-isolation 'farce' means at least 1million people are now stuck at home - crippling many critical services with supermarket shelves emptying, trains canceled, bin collections axed, council services slashed and up to 25 percent of care home staff off work and one in ten NHS staff off sick....
https://knews.kathimerini.com.cy/en/life/inclusive-experience-for-those-on-autism-spectrum-at-athens-art-museum
The National Museum of Contemporary Art (EMST) in Athens has teamed up with a nongovernmental organization called The Happy Act to make its institution more friendly to visitors with autism....
https://knews.kathimerini.com.cy/en/news/a-time-to-heal-the-events-that-defined-2021
Did you know that one of the most Googled subjects around the world this year was ‘how to heal’? ...
https://knews.kathimerini.com.cy/en/news/in-exodus-from-lebanon-the-well-off-find-new-home-in-cyprus
Many well-off Lebanese who escaped their country’s economic tailspin for a new life in the nearby island nation of Cyprus say the transition has been a whirlwind of emotions....
