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/squatters-occupy-russian-oligarch-s-london-mansion
Squatters have occupied the London mansion suspected of belonging to Russian billionaire Oleg Deripaska, who was placed on Britain's sanctions list last week, unfurling a Ukrainian flag and a banner saying 'This property has been liberated'....
https://knews.kathimerini.com.cy/en/news/kasoulides-confidence-building-measures-postponed-for-now-due-to-ukraine-crisis
The promotion of Confidence Building Measures (CBMs) between the two communities in Cyprus will continue at a later stage due to developments in Ukraine, Foreign Minister Ioannis Kasoulides told CNA....
https://knews.kathimerini.com.cy/en/life/volkswagen-gets-a-lot-of-buzz-premiering-their-new-electric-throwback-bus-–-the-id-buzz-images
Volkswagen unveiled their new ID. Buzz in Hamburg, calling it “Europe’s first all-electric bus”....
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/anastasiades-turkey-s-non-alignment-with-eu-s-sanctions-on-russia-is-problematic
President of Cyprus Nicos Anastasiades underlined the role that Cyprus can play in providing the European Union with energy and the problematic fact that Turkey has not aligned itself with the EU’s sanctions against Russia after the invasion of Ukraine...
https://knews.kathimerini.com.cy/en/news/up-to-10-cents-more-for-oil-and-gas-from-today
An increase in the price of fuel is expected to begin today. The deputy director of the Consumer Protection Service, Antonis Ioannou, told Kathimerini...
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/news/op-ed-a-war-of-endurance
It is very difficult to say how the war in Ukraine will end and how long it will last. It is purely a question of endurance, of who will last longer....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/us-to-ban-all-russian-oil-imports-reports-say
Joe Biden has decided to ban Russian oil imports to America in a dramatic ratcheting up of the economic squeeze on Vladimir Putin’s regime, according to reports from the US....
https://knews.kathimerini.com.cy/en/news/eu-plans-to-cut-russian-gas-imports-by-two-thirds-in-a-year
The European Union will outline a plan on Tuesday to cut Russian gas imports by two-thirds within a year as it seeks to reduce its dependency on the country’s fuel supplies after Moscow’s invasion of Ukraine.
...
https://knews.kathimerini.com.cy/en/news/a-ban-on-golden-passports-and-the-ukrainian-crisis-on-the-agenda-at-eu-plenary
The European Parliament is scheduled to have its plenary session this week from the 7th to the 10th of March in Strasbourg. On the agenda will be, most importantly, the Ukrainian issue as well as a discussion on an EU-wide ban on citizenship by investment schemes....
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/two-ministerial-commitees-established-to-monitor-impact-of-ukraine-crisis-on-cyprus
At a meeting chaired by President Nicos Anastasiades today at the Presidential Palace, two ministerial committees were established to monitor the effects of the Ukraine crisis on Cyprus....
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/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....
https://knews.kathimerini.com.cy/en/news/fuel-tax-to-be-reduced-by-7-cents-per-liter
Cyprus Finance Minister Constantinos Petrides announced on Thursday a reduction in fuel tax following a Cabinet meeting, at the Presidential Palace....
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...
https://knews.kathimerini.com.cy/en/news/anastasiades-and-saudi-crown-prince-to-strengthen-bilateral-relations
Cyprus President Nicos Anastasiades and the Crown Prince of Saudi Arabia Mohammed bin Abdulaziz bin Al Saud expressed their common will to further reinforce relations between Cyprus and Saudi Arabia,...
https://knews.kathimerini.com.cy/en/business/alexis-pantazis-and-emilios-markou-of-hellas-direct-have-been-named-ey-entrepreneurs-of-the-year-for-2022-in-cyprus
This prestigious award for entrepreneurs was presented for the first time in Cyprus. Winners will represent Cyprus at the EY World Entrepreneur Of The Year™ Awards in Monte Carlo, in June 2022
...
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/in-historic-shift-germany-ramps-up-defense-spending-due-to-russia-s-ukraine-war
Chancellor Olaf Scholz on Sunday announced a major boost to German military spending in the latest of a series of dramatic moves reversing decades of Germany’s post-Cold War foreign policy in just a few days....
https://knews.kathimerini.com.cy/en/news/eu-plans-to-freeze-assets-of-putin-lavrov
As the Ukraine crisis escalates since Russia invaded the country on Thursday following President Vladimir Putin's announcement of "military operation", ...
https://knews.kathimerini.com.cy/en/news/russian-forces-continue-to-pound-kiev
Missiles pounded Kyiv on Friday and families cowered in bomb shelters as Russian forces pressed their advance and authorities said they were girding for an assault aimed at overthrowing the government....
https://knews.kathimerini.com.cy/en/news/greece-halts-seismic-surveys-off-corfu-over-whale-strandings
Greece’s Environment and Energy Ministry ordered a temporary stop to seismic surveys in the northern Ionian amid concerns that the activity is responsible for the recent stranding of three Cuvier’s beaked whales in shallow waters on the coast of the island of Corfu....
https://knews.kathimerini.com.cy/en/news/cypriot-president-skips-brussels-meeting-on-ukraine
The Republic of Cyprus will be represented by the Greek premier during Thursday’s emergency European Council summit on Ukraine after the Cypriot government said President Nicos Anastasiades had a speaking engagement in Dubai...
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/cost-of-consumer-goods-and-services-climbs-to-the-highest-level-in-the-last-thirteen-years
Cyprus’ Harmonized Index of Consumer Prices in January 2022 increased by an annual 5%, climbing to the highest level of the last 13 years, mainly pushed by prices increases in energy and transport....
