https://knews.kathimerini.com.cy/en/news/us-diplomat-it-would-be-political-suicide-if-putin-withdraws
An interminable and unwinnable war in Europe? That’s what NATO leaders fear and are bracing for as Russia’s war in Ukraine grinds into its third month with little sign of a decisive military victory for either side and no resolution in sight....
https://knews.kathimerini.com.cy/en/business/price-hike-of-raw-materials-affecting-developers-and-construction-costs
The construction industry is suffering as the price hike of raw materials continues, with developers crushed under higher costs as they are deprived of Russian money....
https://knews.kathimerini.com.cy/en/news/fozen-russian-reserves-should-be-used-to-rebuild-ukraine
EU capitals should consider seizing frozen Russian foreign exchange reserves to cover the costs of rebuilding Ukraine after the war, the bloc’s top diplomat has said, as the west debates how to force Moscow to pay for some of the damage the conflict has caused....
https://knews.kathimerini.com.cy/en/news/spread-of-covid-baffles-locked-down-shanghai-residents
The cases underscore how difficult it is to stop the spread of the highly transmissible Omicron variant as China clings to its zero-COVID policy, perpetuating a cycle of lockdowns, as well as bafflement, anguish and anger....
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/news/turkey-expands-usage-of-mir-to-circumvent-payment-problems-for-russian-tourists
Turkey is trying to attract more Russian tourists by expanding the usage of the Russian Mir payment system in Turkey as it seeks to bypass the payment bottleneck created by Western sanctions....
https://knews.kathimerini.com.cy/en/news/discord-takes-hold-in-front-against-russian-oil
Nicosia has been defending its stance towards sanctions against Moscow on the basis of principles and European unity, but lack of consensus for the bloc to seek a collective ban on Russian oil supplies has made cracks in the united front appear larger...
https://knews.kathimerini.com.cy/en/news/nicosia-drops-hint-at-ferry-link-this-summer
The Shipping Deputy Ministry in the Republic of Cyprus says a successful bidder for a state-subsidized ferry link to Greece has been asked to submit a proposal, with reports saying a summer connection could be launched this year...
https://knews.kathimerini.com.cy/en/news/op-ed-inflation-welcomes-generation-z
Inflation is the rate at which prices rise, which means that we need more money to buy the same product or service. Consequently, if your salary stays the same, then your purchasing power will decrease, as you will be able to buy fewer goods and services....
https://knews.kathimerini.com.cy/en/news/a-deal-‘everybody-will-hate-to-end-the-war-in-ukraine
The most likely solution that will bring an end to the war in Ukraine is an agreement that “everybody will hate,” James Stavridis, NATO’s Greek-American former commander for Europe tells Kathimerini....
https://knews.kathimerini.com.cy/en/life/more-and-more-women-just-don-t-want-children-kids-are-expensive-and-sticky
A new world of opportunities has made millennial women about four times as likely as women from the Silent generation to have a bachelor's degree. ...
https://knews.kathimerini.com.cy/en/business/consumers-to-buy-directly-from-automaker-not-from-dealer
Mercedes-Benz has reached an agreement with its European dealers to switch to a new dealership model, in which customers will buy directly from the automaker and not from the dealer, the German brand said....
https://knews.kathimerini.com.cy/en/business/property-sales-hit-14-year-high
Property sales in March, as measured by the number of sale contracts deposited at Land Registry offices, hit a 14-year high according to figures released by the Department of Lands and Surveys....
https://knews.kathimerini.com.cy/en/news/cyprus-abolishes-flight-pass-and-country-categorizations
As of April 18, 2022, travelers will no longer be required to fill out the Cyprus Flight Pass when entering Cyprus. The move comes after tourist organizations called on the government to abolish the Flight pass, noting that Cyprus would be left behind other countries that had already made the move. ...
https://knews.kathimerini.com.cy/en/news/medvedev-we-will-supply-food-and-crops-only-to-our-friends
Russian President Vladimir Putin said sanctions imposed by Western nations would lead to a global food crisis, Reuters reported....
https://knews.kathimerini.com.cy/en/news/cyprus-mulling-us-weapons-proposal
Cyprus reportedly remains open to the possibility of reaching an agreement with the US to give up its Russian weapons....
https://knews.kathimerini.com.cy/en/news/ukraine-will-europe-be-able-to-remaine-united-against-putin
As the war in Ukraine now enters its sixth week of operations in conditions of undiminished intensity, with threats escalating, cracks widening and bombs raining down, it is clear that the crisis will be a marathon and the ongoing struggle an endurance struggle for all those directly and indirectly involved....
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/ten-more-years-of-roaming-without-additional-fees
The EU will renew the “Roam Like At Home” scheme for another ten years, under plans adopted by Parliament on Thursday....
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/ministry-of-foreign-affairs-700-protection-applications-submitted-by-ukrainian-refugees-in-cyprus
About 700 refugees from Ukraine have applied for sanctuary in Cyprus, according to Minister of Interior Nicos Nouris. The Ministry of Interior has begun issuing residency cards for the applicants which will allow them to apply for work, avail of medical services, and procure housing and food....
https://knews.kathimerini.com.cy/en/news/op-ed-putin-s-war-threatens-millions-with-hunger
Russia’s army is attempting to starve the people of Mariupol into submission in an act of barbarity that almost certainly constitutes a war crime. But the knock-on effects of Vladimir Putin’s invasion of Ukraine threaten hunger, even starvation, for millions of people beyond the immediate theatre of war....
https://knews.kathimerini.com.cy/en/news/agriculture-minister-cyprus-faces-difficulties-in-food-supply-and-raw-materials
The EU’s Ministers for Agriculture discussed the current situation in the agricultural market as a result of Russia’s invasion of Ukraine, during the Agriculture and Fisheries Council which was held in Brussels on Monday....
https://knews.kathimerini.com.cy/en/news/op-ed-only-a-leap-in-consciousness-will-end-human-slavery
With the number of women and children fleeing the war in Ukraine, experts say that many of them may become victims of trafficking given their vulnerability. This article is even more relevant today and attempts to present the attitudes that have enabled human slavery throughout history, and the solution to eradicate this crime across the globe....
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/ukraine-rejects-russian-neutrality-idea-as-zalensky-prepares-to-address-congress
Ukraine on Wednesday dismissed Russian proposals to turn it into a neutral state, as the United States readied a huge package of military aid ahead of a historic address to Congress by Kyiv's defiant leader....
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/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/turkey-urged-to-pay-compensation-to-relatives-of-greek-cypriots-who-disappeared-during-invasion
The Council of Europe’s Committee of Ministers has urged Turkish authorities to abide by their international obligations and pay the “just satisfaction” awarded by the European Court of Human Rights to relatives of nine Greek Cypriots who disappeared during Turkey’s military invasion of Cyprus in 1974....
