https://knews.kathimerini.com.cy/en/news/eu-poised-to-announce-wide-ranging-sanctions-against-russia-over-ukraine
Russia’s defense minister, Sergei Shoigu, the commanders-in-chief of the Russian air force and the Black Sea fleet, leading state “propagandists” and 351 Duma deputies are expected to be targeted in EU sanctions announced on Wednesday....
https://knews.kathimerini.com.cy/en/news/biden-putin-s-actions-are-the-the-beginning-of-a-russian-invasion-of-ukraine
US President Joe Biden described events now underway in Ukraine as "the beginning of a Russian invasion of Ukraine" as he unveiled harsh new sanctions to punish Moscow....
https://knews.kathimerini.com.cy/en/news/ukraine-russia-crisis-what-to-know-in-the-escalating-crisis
From a hastily-convened meeting of the United Nations Security Council to capitals around the world, leaders have condemned Russian President Vladimir Putin’s recognition of two pro-Russia regions in eastern Ukraine as independent and his order to send troops there....
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/news/op-ed-russia-may-annex-one-third-of-ukraine
He knows Russia and Ukraine pretty well as he served as US ambassador to NATO in 2008-09 and US representative for Ukraine negotiations in 2017-19. ...
https://knews.kathimerini.com.cy/en/news/nouris-calls-on-eu-partners-to-conclude-agreement-between-frontex-and-turkey
Cyprus Minister of Interior, Nicos Nouris, has called for the conclusion of a Status Agreement between FRONTEX and Turkey, as a matter of urgency and as a condition for additional EU support to Turkey....
https://knews.kathimerini.com.cy/en/news/germany-wants-to-attract-400-000-skilled-workers-from-abroad-each-year
Germany's new coalition government wants to attract 400,000 qualified workers from abroad each year to tackle both a demographic imbalance and labour shortages in key sectors that risk undermining the recovery from the coronavirus pandemic....
https://knews.kathimerini.com.cy/en/business/moneyval-cyprus-makes-some-progress-in-the-fight-against-money-laundering
Cyprus has made some progress in the fight against money laundering and terrorist financing by partially complying with recommendations set out by the Financial Action Task Force (FATF), according to a report by the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism - MONEYVAL....
https://knews.kathimerini.com.cy/en/business/reflections-on-20-years-of-the-euro
Twenty years ago on Saturday, around 300 million Europeans held a brand-new currency in their hands, the euro....
https://knews.kathimerini.com.cy/en/news/commission-approves-560-million-for-refugees-in-turkey
The European Commission on Tuesday published two financing decisions, worth 560 million euros, to support inclusive quality education initiatives, including access to higher education through scholarships, for refugees in Turkey as well as for border protection....
https://knews.kathimerini.com.cy/en/news/turkish-lira-resumes-slide-to-17-5-against-the-dollar
The Turkish lira continued its freefall after President Recep Tayyip Erdogan rejected warnings from businesses about the dangers of recent interest rate cuts and vowed there was “no going back” from his approach....
https://knews.kathimerini.com.cy/en/news/state-department
Cyprus has continued to make progress in strengthening banking efforts to combat terrorist financing, according to the State Department's report on terrorism for 2020. ...
https://knews.kathimerini.com.cy/en/business/former-finance-minister-michalis-sarris-new-president-of-astrobank
Mr. Michalis Sarris, former Minister of Finance, assumes the chairmanship of the Board of Directors of AstroBank....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-fined-790-000-euros
The Central Bank of Cyprus said it has imposed a fine amounting to €790,000 to Bank of Cyprus, the island’s largest lender over failure to comply with τhe anti-money laundering law and the CBC directive....
https://knews.kathimerini.com.cy/en/news/immigration-anastasiades-five-requests-to-the-eu
"The country is in a state of emergency in terms of migration flows, and there is absolutely no chance of accommodating more migrants,"...
https://knews.kathimerini.com.cy/en/news/cyprus-receives-financial-support-from-brussels-for-border-management
In a letter, the European Commission Delegation to Cyprus clarified the amounts of the subsidies allocated to Cyprus from the EU during 2 program periods. ...
https://knews.kathimerini.com.cy/en/news/cyprus-too-centralized
Cyprus remains a “very centralized country”, according to a report from the Associated Press. ...
https://knews.kathimerini.com.cy/en/news/cyprus-frets-‘pandoramonium-overshadowing-good-work
The Cypriot finance ministry says a European Parliament resolution on Pandora Papers and subsequent criticism by local opposition is overshadowing the amount of good work that has been done on the island against illegal activities, as some parties are calling on the president to step down...
https://knews.kathimerini.com.cy/en/news/anastasiades-pandora-reference-hangs-in-the-balance
Intense debate dominates in corridors of the European Parliament this week on whether specific references to Cypriot President Nicos Anastasiades and other leaders should be included in a draft resolution that calls for investigation into politicians who have been linked to offshore dealings in the Pandora Papers...
https://knews.kathimerini.com.cy/en/business/biopix-t
Greek startup BIOPIX-T is proceeding with the sale of a portable molecular diagnosis device named “Pebble” ...
https://knews.kathimerini.com.cy/en/business/ey-presents-the-17th-cfo-management-forum-and-the-cfo-awards-2021
EY has proudly sponsored the 17th CFO Management Forum and 5th CFO Awards, which were held on Tuesday, September 28th at the Nicosia Hilton....
https://knews.kathimerini.com.cy/en/news/sarkozy-convicted-of-illegally-financing-his-2012-election-campaign
A Paris court has found former French President Nicolas Sarkozy guilty of illegally funding a 2012 election campaign....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-renewed-european-finance-strategy-and-implementation-of-the-action-plan-on-financing-sustainable-growth
The European Commission adopted on 21 April 2021, a comprehensive package of measures to help improve the flow of money towards financing the transition to a sustainable economy, whereas these measures will be instrumental in reaching climate and environmental targets as well as vital for economic recovery from the COVID-19 pandemic. ...
https://knews.kathimerini.com.cy/en/news/cyprus-receives-157-million-for-recovery-and-resilience-plan
The European Commission today has disbursed €157 million to Cyprus to help kick-start reforms and investments....
https://knews.kathimerini.com.cy/en/news/imf-withdrawal-of-support-measures-should-be-gradual
An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....
https://knews.kathimerini.com.cy/en/news/cabinet-approves-€250m-supplementary-pandemic-budget
The Cabinet on Wednesday approved a supplementary budget of €250 million to cover needs arising from the handling of the pandemic. ...
https://knews.kathimerini.com.cy/en/news/vaccinations-the-main-economic-tool-in-managing-covid-crisis
Vaccinations have turned into the main economic tool for the management of the coronavirus crisis and the prospects for recovery, Minister of Finance Constantinos Petrides said, stating that he foresees a strong recovery in 2021 ranging from 3.5% to 4.5% of GDP, depending on the development of the pandemic....
https://knews.kathimerini.com.cy/en/news/coordination-for-green-digital-transition-of-actions-needed-kokkinos-says
Deputy Minister of Research, Innovation and Digital Policy, Kyriakos Kokkinos stressed the need to coordinate actions and investments at national and European level to achieve the EU's goals "for a sustainable, digital and green transition, empowering businesses with an emphasis on the SME and start-up ecosystem, and ensuring EU technological dominance", during his intervention at the informal teleconference of the Competitiveness Council for Research, under the Portuguese Presidency....
https://knews.kathimerini.com.cy/en/news/cyprus-to-reduce-debt-once-pandemic-normalises-finmin-says
Cyprus Minister of Finance Constantinos Petrides told the Cyprus News Agency that the government will begin reducing public debt, increased due to strategic cash reserves, once the pandemic begins to normalise....
https://knews.kathimerini.com.cy/en/business/industrial-logistics-most-attractive-post-covid-19
Following the breakout of the COVID-19 pandemic, the Industrial/Logistics asset class has presently become the most attractive financing option for a majority of banks in Central & Eastern Europe, according to the results from the latest edition of KPMG’s Property Lending Barometer...
