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/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/inflation-in-cyprus-spikes-to-an-annual-5-4-in-january
January 2022 recorded a spike in Cyprus inflation, rising to 5.4%. At the same time, the Consumer Price Index (CPI) decreased by 0.53 units falling to 104.57, compared to 105.10 in December 2021, according to the Statistical Service of the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/op-ed-the-eastmed-project-and-dilemmas-over-energy-strategy
The unprecedented energy crisis unfolding in Europe is a result of the European Union’s stubborn and one-sided preoccupation with the Green Deal (which is important in its own right). ...
https://knews.kathimerini.com.cy/en/business/etyfa-prometheas-full-steam-ahead
Works on the ETYFA Flagship project which will supply clean natural gas to Vassilikos Power Station continue unabated in spite of the terrible global situation as a result of the Covid 19 Pandemic....
https://knews.kathimerini.com.cy/en/news/turkish-ship-oruc-reis-to-continue-hydrocarbon-exploration
The Antalya station issued a navigational telex (Navtex) late Thursday announcing that the Turkish ship Oruc Reis will continue its seismic exploration mission in the sea area between southern Turkey and the Turkish-occupied north of Cyprus through January 31....
https://knews.kathimerini.com.cy/en/news/greenpeace-greek-gas-hunt-an-‘unbearable-threat-to-whales
Greenpeace on Wednesday renewed calls against proposed deep-sea oil and gas exploration off southwest Greece, warning of “unbearable” consequences to endangered Mediterranean whales and dolphins....
https://knews.kathimerini.com.cy/en/news/erdogan-attacks-cyprus-over-exploration-license
President Recep Tayyip Erdogan on Wednesday accused Cyprus of violating Turkey’s continental shelf by awarding an exploration license in the Mediterranean to ExxonMobil and Qatar Petroleum....
https://knews.kathimerini.com.cy/en/news/turkey-slams-cyprus-over-exploration-license-for-exxon-qatar-petroleum-in-mediterranean
Turkey on Thursday accused Cyprus of violating its continental shelf by awarding an exploration license in the Mediterranean to Exxon Mobil and Qatar Petroleum, adding it will not allow unauthorized exploration in its jurisdiction....
https://knews.kathimerini.com.cy/en/news/cyprus-lacks-snitches-to-root-out-cartels
The head of Cyprus’ competition protection office says its program designed to root out cartels on the island has failed because of the country’s closed society where snitching is not part of Cypriot culture...
https://knews.kathimerini.com.cy/en/news/uk-military-personnel-to-begin-delivering-fuel-today
Prime Minister Boris Johnson has ordered British military personnel to begin fuel deliveries to gas stations in London and the southeast of England caused by a lack of tanker truck drivers....
https://knews.kathimerini.com.cy/en/news/larnaca-seafront-s-last-oil-tank-gone
A video showing the removal of the last oil tank from Larnaca’s seafront was posted online Tuesday, revealing an unobstructed view of the ancient town’s blue waters after years of local and national efforts...
https://knews.kathimerini.com.cy/en/news/cprus-to-assume-first-presidency-term-of-emgf
Cyprus will assume its first official Presidency term of the Eastern Mediterranean Gas Forum (EMGF) starting on January 2022, participants at the fourth EMGF ministerial meeting decided on Tuesday....
https://knews.kathimerini.com.cy/en/news/cyprus-energy-designs-unaffected-by-turkey-s-provations-president-says
Cyprus President Nicos Anastasiades said Tuesday that that the Republic, as a sovereign and independent state and despite Turkey’s provocations, threats and illegal activities, is determined to go ahead with the implementation of its energy policy....
https://knews.kathimerini.com.cy/en/news/eu-leaders-weigh-sanctions-over-turkey-s-med-drilling-work
Concerned that their credibility is at stake, European Union leaders are set Thursday to give the green light to the expansion of sanctions against Turkey over its exploration of gas reserves in Mediterranean waters claimed by EU members Greece and Cyprus....
https://knews.kathimerini.com.cy/en/news/eu-to-toughen-sanctions-on-turkish-drilling-draft-summit-statement-says
The European Union will impose sanctions on more Turkish individuals and companies responsible for drilling in contested waters in the Mediterranean, according to a draft statement prepared for EU leaders to agree at a summit on Thursday....
https://knews.kathimerini.com.cy/en/news/eu-extends-ability-to-impose-sanctions-on-turkey
The European Council on Friday issued a one-year extension to its framework for sanctions that could be imposed on individuals and entities responsible for Turkey’s controversial gas exploration and drilling activities in the Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/news/friction-in-east-med-to-be-prolonged
Turkey’s Oruc Reis seismic survey vessel will explore the area east of the 28th meridian for another two months, according to Turkish Energy Minister Fatih Donmez, effectively heralding a long period of friction in the Eastern Mediterranean. ...
https://knews.kathimerini.com.cy/en/news/despo-lefkariti-at-digital-agenda-cyprus-summit-2020
After her studies in Marketing in London, she started her career in the family petroleum company Petrolina Hellas in Greece. In 1985 she retuned to Cyprus and founded DELEMA, one of the largest and most creative communication agencies in Cyprus, affiliated with MCCANN Worldgroup, the largest and most effective communication network in the world. She is the president of FED (Self-Regulation association) and SDEK (communication agencies association). She also served as vice-president of the European Association of Young Entrepreneurs YES for Europe....
https://knews.kathimerini.com.cy/en/news/nicosia-in-wait-and-see-over-barbaros
Government officials in the Republic of Cyprus on Friday declined to comment on reports that Turkish seismic vessel Barbaros had moved away from contested waters off Cyprus, suggesting Nicosia was in a wait-and-see mode amid reports of ongoing diplomatic efforts at the European level between Greece and Turkey...
https://knews.kathimerini.com.cy/en/news/greece-us-affirm-commitment-to-boosting-ties-after-high-level-review
Greece and the US on Monday issued a joint statement following a high-level review of the US-Greece Strategic Dialogue that took place in Thessaloniki amid a visit to the northern port by US Secretary of State Mike Pompeo and Greek Foreign Minister Nikos Dendias....
https://knews.kathimerini.com.cy/en/news/ankara-responds-to-greek-warnings
Turkish President Tayyip Erdogan says an attack on Oruc Reis in the eastern Mediterranean would incur a “high price” while at the same time calling for a win-win solution through dialogue...
https://knews.kathimerini.com.cy/en/news/cyprus-greece-issue-counter-navtex-voiding-turkish-advisory
Greece and Cyprus have issued a Navtex in response to the advisory published by Turkey’s navy on Tuesday for seismic surveys in an area of sea between Cyprus and Crete....
https://knews.kathimerini.com.cy/en/news/athens-has-four-deterrence-scenarios-over-turkey-s-drilling-plans
In anticipation of a crisis in September, when Turkey says it plans to begin drilling activities in Greece's continental shelf, Athens has elaborated four deterrence plans, while at the same bidding to keep channels of communication open with Ankara....
https://knews.kathimerini.com.cy/en/news/ankara-sparks-renewed-tensions-with-athens-over-claim-for-24-blocks
Ankara on Tuesday responded to a complaint from Athens concerning a map published in the Turkish government’s gazette outlining areas where Turkish Petroleum Corporation (TPAO) has applied for exploration licenses, including several within Greece’s continental shelf, by insisting that these areas are within the boundaries Turkey has submitted to the United Nations.
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https://knews.kathimerini.com.cy/en/news/greece-condemns-turkey-s-drilling-intentions-in-cyprus-eez
Greece on Tuesday condemned Turkey’s announced intention to continue drilling inside Cyprus’ exclusive economic zone (EEZ), saying it ignores calls by the international community to respect international law....
https://knews.kathimerini.com.cy/en/news/exxonmobil-puts-cyprus-plans-on-hold
ExxonMobil's crucial drilling plans to confirm a large gas deposit south of Cyprus have been put on hold, with a local media report citing delays due to the coronavirus pandemic...
https://knews.kathimerini.com.cy/en/news/help-from-china-on-the-way
The Chinese ambassador in Nicosia says Cyprus has recently taken “powerful and appropriate” measures in the fight against the coronavirus pandemic, adding that help from China is on the way...
https://knews.kathimerini.com.cy/en/news/eu-bans-two-turks-over-drilling-off-cyprus
The European Union has imposed sanctions on two Turkish nationals in connection with their company’s drilling activities off Cyprus...
https://knews.kathimerini.com.cy/en/news/cyprus-and-norway-prepare-to-sign-energy-mou
Cyprus and Norway began preparations on Friday to sign a Memorandum of Understanding (MoU) on energy issues, that will contain provisions for the exchange of expertise in relation to the national hydrocarbon fund (sovereign fund), among other things....
