https://knews.kathimerini.com.cy/en/news/cyprus-and-eu-economies-facing-a-twin-problem-following-the-war-in-ukraine
The EU and Cyprus economies are facing a “twin problem” of rising commodity and energy prices and heightened uncertainty following the invasion of Russia in Ukraine, according to discussions held by the Nicosia Chamber of Commerce and Industry and the European Investment Bank (EIB)....
https://knews.kathimerini.com.cy/en/news/cyprus-energy-hub-hopes-hanging-by-a-thread
Nicosia is eagerly awaiting news any day now that could potentially revive the island’s hopes in the energy game, with all eyes on whether a UK-based company with contracts in Israel could find enough gas to bypass red tape and send some of it to a friendly neighbor’s hub...
https://knews.kathimerini.com.cy/en/news/‘immediate-solutions-test-cyprus-take-on-eastmed
A US energy official urged Nicosia to seek 'other options' if the island wanted to get energy quickly into markets, with Italy doing just that earlier this week when Rome clinched a deal with Algeria to replace Russian gas imports through the Transmed pipeline...
https://knews.kathimerini.com.cy/en/news/nuland-for-eastmed-not-economically-viable-and-will-last-too-long
"Countries in this region have realized that dependence on Russian oil and gas is extremely bad and there is a convergence of interest in diversifying sources of supply, even as we work to move to green energy," according to US Undersecretary of State Victoria Nuland after her meeting this morning at the Presidential Palace with the President of the Republic, Nicos Anastasiadis....
https://knews.kathimerini.com.cy/en/news/nuland-new-pipelines-will-be-needed-in-the-eastern-mediterranean
New gas discoveries and pipelines will need to be made in the eastern Mediterranean, US Assistant Secretary of State Victoria Nuland said after her meetings in Turkey, adding that "it is in our interest to have strong relations between Turkey and Israel....
https://knews.kathimerini.com.cy/en/news/lithuania-becomes-first-eu-country-to-cut-off-russian-gas
Lithuania became the first European Union country to end its dependence on Russian gas, according to its energy minister....
https://knews.kathimerini.com.cy/en/news/anastasiades-we-have-nothing-against-russians-only-their-government-s-actions
"As a country that has been invaded and continues to be occupied, we are obliged, as a matter of principle, to stand with the Ukrainian people and denounce the Russian invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/us-sees-key-role-for-east-med-in-new-energy-landscape
Washington has stressed the renewed importance of the eastern Mediterranean region in the wake of Russia’s invasion of Ukraine and Europe’s need to cut energy dependence on Russia....
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/op-ed-gas-to-europe-via-greece
One of the many aspects of the war in Ukraine is the European recognition of the pressing need to become independent from Russia on energy....
https://knews.kathimerini.com.cy/en/business/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. ...
https://knews.kathimerini.com.cy/en/news/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....
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/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/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/business/russian-bank-subsidiary-in-europe-collapses
While the Moscow Stock Exchange remains closed for a third straight day and the ruble is losing value inside and outside Russia, heading back to Monday's record low again, the ECB yesterday confirmed the first bankruptcy of a subsidiary in Europe caused by sanctions and massive withdrawals. ...
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/ukraine-multinational-companies-suspend-their-operations-in-wake-of-russian-inavsion
One company after another has decided to suspend its activities in Ukraine in the wake of the Russian invasion of the country and the uncertainty it has caused in international markets....
https://knews.kathimerini.com.cy/en/news/russian-ambassador-to-cyprus-stanislav-osadchiy-discusses-russia-s-plans-in-ukraine
Russia`s plans do not include the occupation of Ukrainian territories, but the protection of civilians and Russian citizens in Donetsk and Luhansk, Russian Ambassador to Cyprus Stanislav Osadchiy said in a statement to CNA on Thursday....
https://knews.kathimerini.com.cy/en/news/pm-unveils-sanctions-on-five-russian-banks-and-three-high-net-worth-individuals
Boris Johnson today announced sanctions on five Russian banks and three 'high net worth' individuals in the first 'barrage' of the Western response to the invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/ukraine-russia-germany-suspends-nord-stream-2-gas-pipeline
Germany has taken steps to halt the process of certifying the Nord Stream 2 gas pipeline from Russia, Chancellor Olaf Scholz said Tuesday, as the West started taking punitive measures against Moscow over the Ukraine crisis....
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/athens-wary-of-recent-ankara-moves
Concern is growing in Athens that Ankara’s strategic choice to forcefully challenge and dispute Greece’s sovereignty in the Aegean and the Eastern Mediterranean could be transferred from the diplomatic field to the ground.
...
https://knews.kathimerini.com.cy/en/news/cyprus-bets-on-trust-amid-turkey-israel-flirt
Cypriot Foreign Minister Ioannis Kasoulides says Nicosia is confident it won’t be sidelined as Israeli President Isaac Herzog prepares for a historic trip to Ankara but not before popping in for a visit to Cyprus as trust in the region is put to the test by all key players...
https://knews.kathimerini.com.cy/en/news/op-ed-complicated-relationships-amidst-a-crisis
The Ukrainian crisis and the diplomatic initiatives of recent days are shedding light on the complex alliances being tested and on the possible new outbreaks of tension....
https://knews.kathimerini.com.cy/en/news/op-ed-it-s-not-the-pipeline-stupid
In 1992, the Clinton campaign adopted the tagline “It’s the economy, stupid” to identify the candidate’s signature issue....
https://knews.kathimerini.com.cy/en/news/ukraine-crisis-biden-warns-russia-may-invade-next-month
US President Joe Biden has warned there is a "distinct possibility" Russia might invade Ukraine next month, the White House says....
https://knews.kathimerini.com.cy/en/news/erdogan-says-turkey-will-respond-to-greek-buildup
Referring to Greece’s recent arms procurements, Turkish President Recep Tayyip Erdogan warned Thursday that “Turkey will not sit and watch Greece strengthen, it will be shielded.”...
https://knews.kathimerini.com.cy/en/news/euroasia-secures-eu-funds-for-cyprus-but-israel-left-out
Cypriot Energy Minister Natasa Pilides has welcomed the approval the approval of EU funds for the EuroAsia Interconnector, but the money is not enough for the submarine cable to reach Israel...