Search

1141. CYCLOPS: 'The crown of our security co-operation', says Kasoulides

On Wednesday, US Undersecretary for Political Affairs, Victoria Nuland, and Foreign Minister, Ioannis Kasoulides, expressed their wish that the Cyprus Center for Land, Open-seas, and Port Security (CYCLOPS) will help promote security in the region....

1142. Cyprus breaks into the French market

New prospects for tourist arrivals from France have opened both in the short-term and medium-term, Deputy Tourism Minister Savvas Perdios has told CNA, noting that Cyprus has managed to break into the French market after three long years....

1143. K. Treppides & Co Ltd- Cryptocurrencies: Regulating cryptocurrency trading in Cyprus

1144. Cyprus growth expected to ‘slow sharply’

Economic growth in Cyprus will slow sharply before recovering, due to the shock associated with the war in Ukraine, the International Monetary Fund has said, adding that the key near-term challenge “is to calibrate a policy response to the economic fallout from the war in Ukraine.”...

1145. Revoking golden passports to Russians ‘impossible’

An EU recommendation to member states to recall passports issued to Russian and Belarusian oligarchs on the bloc’s sanctions list puts Cyprus in an awkward position....

1146. 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....

1147. Overcoming talent crunch and supply chain upheaval among biggest success indicators for tech in 2022

Increased volatility rising out of the evolving COVID-19 pandemic has led to a reshuffling of priorities for the global technology industry....

1148. Cablenet, reports Double-Digit Growth for 2021

During 2021 revenue reached €53.5M, a healthy 14% growth over 2020. This double-digit growth in revenue was driven, largely by the significant growth in the overall Subscriber base, which recorded a 30% increase over the previous year. ...

1149. Credit Suisse in the hot seat for telling its clients to shred evidence

Just weeks after Credit Suisse was caught telling clients to shred evidence of its loans to Russian oligarchs, the embattled investment bank has decided to pull out of the country....

1150. Nicosia roundtable calls on Cyprus to reexamine sanctions

Leaders from the Russian business community in the Republic of Cyprus are calling on the government to reexamine sanctions in the wake of the war in Ukraine, saying the measures were hurting the island nation...

1151. Major projects underway in Larnaca, Nicosia

The Cyprus real estate and construction sectors are moving past the demise of the scrapped Citizenship for Investment Programme, turning their attention to the capital and the once-neglected coastal town of Larnaca, while Limassol, with its high-rises and cosmopolitan lifestyle, is still seeing part of the action....

1152. RCB Bank invites depositors to withdraw their money

RCB Bank will invite its depositors to withdraw their money. According to Kathimerini sources, RCB Bank customers are expected to be able to either receive their deposits on hand or transfer them to other Cypriot banks....

1153. EU releases €3.4B to help countries accommodating Ukrainian refugees

The European Union will release €3.4 billion in recovery funds to help countries absorb refugees from Ukraine fleeing the Russian invasion, the Commission said on Wednesday....

1154. Abramovich superyacht 'Eclipse' docks in Marmaris

A second superyacht linked to Russian billionaire Roman Abramovich docked in a Turkish resort on Tuesday and sources familiar with the discussions said he and other wealthy Russians were looking to invest in Turkey given sanctions elsewhere....

1155. Fast track procedure for building permits

More than 2,500 building permits have been issued under the new, fast-track procedure since it was implemented in October 2021, Interior Minister Nicos Nouris said on Saturday addressing the 29th General Assembly of the Cyprus Association of Civil Engineers....

1156. K. Treppides & Co Ltd: Cryptocurrency: Trading in cryptocurrency for own benefit. Cyprus tax treatment.

Seems that we cannot stop hearing stories about cryptos in our workplace and media or via web searching how many people have become millionaires trading in cryptocurrencies...

1157. Everything You Need to Know About Crypto Today (at least for the next 8 hours!)

Don’t be intimidated by my headline if you know nothing about Bitcoin or the Bored Ape Yacht Club. You are in the majority....

1158. Consulco hosted the digital event ''UK Economy and Real Estate Outlook''

Consulco has successfully hosted the UK Economy and Real Estate Outlook event, along with four leading organization that have provided insights on the pressures the UK is facing today and their impact on key property markets. ...

1159. K. Treppides & Co Ltd- Cryptocurrencies: Investment firms trading in cryptocurrencies. Authorization required.

Cryptocurrencies have taken the world by surprise in recent years, and transformed as the absolute trend in the virtual investing world. ...

1160. Moscow jumps on Burisma links to Kiev

Moscow has put together an elaborate diagram alleging Biden connections to Ukrainian biological labs, with new revelations initially described by Washington as “Russian disinformation” now gaining traction in the United States and reaching all the way to Cyprus...

1161. 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....

1162. Moody's: Which countries are geopolitically and financially at risk from the war in Ukraine?

Geopolitical tensions in Eastern Europe may have been high for years, but the Russian invasion of Ukraine is a paradigm shift in the post-Cold War European order of security,...

1163. The Med gets first offshore wind farm as Italy vows energy revolution

The Mediterranean's first offshore wind farm is rising from the shallows off Italy, its turbines a symbol of hope for a Europe suffering an energy crisis exacerbated by war....

1164. The Cypriot oligarch and passports

On the first day of the invasion, Thursday, February 24, as Ukrainian cities were being bombed by the Russian army, Vladimir Putin met with 37 businessmen and members of his government to assess the impact of sanctions already imposed by the United States and members of the European Union....

1165. 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. ...

1166. Sergei Guriev: Ukraine was a ‘major miscalculation’ by Putin

What Russian President Vladimir Putin was hoping to accomplish by invading Ukraine on February 24 was “another Crimea effect (in 2014 his approval rating grew from 60 to 90%),”...

1167. 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)....

1168. Europe's banks reveal billions worth of Russia risk as sanctions bite

Credit Suisse said it had gross exposure to Russia of 1.6 billion Swiss francs ($1.73 billion) at the end of 2021, the latest European bank to reveal the size of potential losses as Western sanctions shut Russia out of the global financial system....

1169. EU sanctions 14 more oligarchs, blocks transactions with Belarus central bank

The European Union has agreed to impose sanctions on 14 more Russian oligarchs, freeze relations with Belarus’ central bank and curb three top lenders in that country, the EU Commission said on Wednesday....

1170. 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....