https://knews.kathimerini.com.cy/en/news/sanctioned-russian-billionaire-wins-right-to-use-his-yacht-on-the-french-riviera
A French court on Wednesday ordered the country's customs agency to release an impounded yacht owned by a Russian billionaire hit by European sanctions, due to procedural errors made during the seizure of the vessel....
https://knews.kathimerini.com.cy/en/news/energean-announces-new-commercial-gas-discovery-off-of-israel
Energean plc has announced that the Hermes exploration well off of Israel has made a commercial gas discovery of between 7 and 15 bcm and that the Stena IceMax drilling rig has moved to block 12 to drill the Zeus structure....
https://knews.kathimerini.com.cy/en/news/house-scrambles-to-keep-ships-under-cyprus-flag
The House health committee in the Republic of Cyprus is scrambling to amend healthcare legislation in a race against the clock, following reports that ship owners are trying to take their business elsewhere to avoid having to pay GESY tax...
https://knews.kathimerini.com.cy/en/news/britain-mulling-asylum-ban-on-english-channel-migrants
The United Kingdom’s Minister, Suella Braverman, has said that it will introduce a new plan which would prohibit the entry of migrants who cross the English Channel from claiming asylum....
https://knews.kathimerini.com.cy/en/business/the-heart-of-the-ecb-beats-in-cyprus
The second consecutive visit of European Central Bank President Christine Lagarde in 2022 is certainly semantic. Apart from the visibility of Cyprus being the first visit by Central Bank Governors as part of the decision to visit a country on an annual basis to hold one of their meetings, two other readings emerge....
https://knews.kathimerini.com.cy/en/business/ey-achieves-highest-growth-in-nearly-two-decades-reports-record-global-revenue-of-us$45-4b
EY announced combined global revenues of US$45.4b for the financial year ending June 2022 (FY22), an increase of 16.4% in local currency (13.7% in US dollars). This marks one of the most successful years in the history of the organization with the highest growth seen in nearly two decades attributed to the EY NextWave strategy to deliver long-term value for EY people, clients and society....
https://knews.kathimerini.com.cy/en/news/investigating-russian-remittances-to-mount-athos
The Money Laundering Authority is investigating suspicious money transfers from abroad to the individual accounts of monks on Mount Athos....
https://knews.kathimerini.com.cy/en/news/almost-100k-third-country-nationals-ordered-to-leave-eu-in-q2-of-2022
33,450 people were ordered to leave France in the second quarter of 2022, representing 35 percent of the total repatriation orders placed during this time, and consequently, the highest number of returns recorded....
https://knews.kathimerini.com.cy/en/news/ec-calls-for-state-funded-compensation-for-victims-of-trafficking
The Council of Europe's Anti-Trafficking Division along with Cyprus-based NGO 'Step Up, Stop Slavery' brought together officials from various sectors of the Cypriot government and foreign diplomatic missions to discuss the ways in which financial compensation can be offered to victims of trafficking in Cyprus....
https://knews.kathimerini.com.cy/en/news/greeks-challenge-legitimacy-of-turkey-libya-deal
Libya's Tripoli government signed a preliminary deal on energy exploration on Monday, prompting Greece and Egypt to say they would oppose any activity in disputed areas of the eastern Mediterranean...
https://knews.kathimerini.com.cy/en/business/global-fintech-market-resilient-in-h1-22-$107-8-billion-in-investment-according-to-kpmg-s-pulse-of-fintech
Global fintech investment declined from $111.2 billion in H2’21 to $107.8 billion in H1’22, but remained remarkably resilient compared to historical trends given the challenges affecting the broader investment market, including geopolitical uncertainty, growing inflation, and increasing interest rates. ...
https://knews.kathimerini.com.cy/en/news/lagarde-to-chair-ecb-governors-meeting-in-cyprus-this-week
Nineteen central bank governors from the EU countries are expected to arrive in Cyprus tomorrow. The Governing Council of the ECB decided to hold its non-monetary policy meeting in Cyprus which is scheduled on the 5th and 6th of October and will be chaired by the President of the ECB Christine Lagarde....
https://knews.kathimerini.com.cy/en/news/eu-countries-approve-energy-windfall-levies-turn-to-gas-price-cap
European Union countries agreed on Friday to impose emergency levies on energy firms’ windfall profits and began talks on their next move to tackle Europe’s energy crunch – possibly a bloc-wide gas price cap....
https://knews.kathimerini.com.cy/en/news/putin-signs-‘accession-treaties-at-kremlin-in-defiance-of-international-law
Vladimir Putin has signed “accession treaties” formalizing Russia’s illegal annexation of four occupied regions in Ukraine, marking the largest forcible takeover of territory in Europe since the second world war....
https://knews.kathimerini.com.cy/en/news/20-years-in-prison-for-former-cypriot-oligarch-oleg-deripaska
Russian oligarch Oleg Deripaska, who received a Cypriot passport in 2018 and had his Cypriot citizenship revoked in April 2022, faces a charge of conspiracy to violate and evade US sanctions with a maximum sentence of 20 years in prison....
https://knews.kathimerini.com.cy/en/news/cyprus-wants-eu-exemption-from-energy-cutback
Cyprus is gearing up to request on Friday an exemption from EU measures that would call on member states to reduce their energy demand as well as cap company profits from Russian oil...
https://knews.kathimerini.com.cy/en/news/spain-donates-more-vultures-to-cyprus-in-an-attempt-to-repopulate-the-species
A total of 15 vultures were recently released into the wild in an attempt to save the species, which is in danger of extinction due to poisoned baits....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-‘woman-life-freedom
Iranian President Ebrahim Raisi claims that people in his country have freedom of expression. He also branded the protests that have broken out there as unacceptable “acts of chaos,” which is why the army is getting ready to intervene, certainly multiplying the number of casualties when it does: to defend freedom of expression....
https://knews.kathimerini.com.cy/en/business/majority-of-tourists-visiting-cyprus-are-no-longer-russian
In June 2021 at the 43rd conference of the Pancyprian Hoteliers Association, it may have been the first time it was officially made clear that the markets of Russia and Britain will no longer be a one-way street for the Cypriot tourism industry....
https://knews.kathimerini.com.cy/en/news/why-evs-are-a-flop-in-cyprus-…-so-far
It's only a 150-kilometer drive across Cyprus; well below how far an average electric vehicle can drive on a single charge. Range anxiety — a major barrier in the shift to EVs — shouldn't be a thing....
https://knews.kathimerini.com.cy/en/news/house-prepares-bill-on-petition-signatures
A House committee in the Republic of Cyprus is discussing the right for private citizens to solicit petition signatures for new legislation, but the initiative may be easier said than done in a small country where people complain about disenfranchisement on the one hand and populism on the other...
https://knews.kathimerini.com.cy/en/news/sinkhole-nearly-swallows-pickup-truck-in-paphos
A large sinkhole swallowed a pickup truck in a rural area of Paphos on Tuesday, with reports pointing to water erosion caused by a pipeline months after a historic overflow at the country’s fourth largest dam...
https://knews.kathimerini.com.cy/en/news/cyprus-greenlights-island-s-first-crematory
A funeral home in Cyprus has obtained a permit to build the country’s first cremation facility, years after legislation paved the way despite strong resistance from the Orthodox church...
https://knews.kathimerini.com.cy/en/news/greece-accuses-eu-of-using-med-countries-like-a-refugee-‘parking-lot
Greece on Monday urged the European Union to lift movement restrictions for refugees recognized by individual nations, accusing the bloc of applying a double standard when dealing with Ukrainians fleeing the war compared with the victims of other conflicts....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-where-will-turkey-be-in-a-year-from-now
The disputes with Greece will be useful ammunition for Turkish President Recep Tayyip Erdogan should he decide to manufacture a crisis that would divert attention away from his country’s economic disintegration. ...
https://knews.kathimerini.com.cy/en/news/greece-is-covertly-occupying-the-islands-says-erdogan
Turkish President Recep Tayyip Erdogan raised the stakes again on Tuesday, accusing Greece of carrying out a “covert occupation” of the islands of the eastern Aegean....
https://knews.kathimerini.com.cy/en/news/kasoulides-on-bloomberg-cyprus-concerned-by-aegean-sea-rhetoric-video
Cyprus is wary of getting drawn into a potential conflict between Greece and Turkey as rhetoric between the countries intensifies, Cypriot Foreign Minister Ioannis Kasoulides said....
https://knews.kathimerini.com.cy/en/news/crucial-countdown-as-cyprus-moves-to-block-lone-star
Private equity firm Lone Star has until Friday to submit a binding offer to buy the Bank of Cyprus, but the island’s largest financial institution could be out of reach as the House is expected one day earlier to vote on a bill that would authorize the government to block a hostile takeover on security grounds...
https://knews.kathimerini.com.cy/en/business/forget-tokyo-or-l-a-this-czech-village-is-at-the-heart-of-the-vinyl-record-revival
The heart of vinyl record making on Earth isn’t found in Tokyo or Los Angeles but rather belongs to a small Czech Republic village....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-the-embargo-has-its-own-history
The US decision to lift the embargo on the supply of military equipment to the Republic of Cyprus has a decades-long history and is linked to the embargo imposed on Turkey after its invasion of Cyprus in 1974. ...
