Search

61. European unity tested as talks on Russian oil embargo drag on

Europe's united front against Moscow is being put to the test as countries struggle to agree on a ban on Russian oil imports....

62. Lebanese banks in Cyprus to shut down amid the country's financial crisis

Branches of Lebanese banks operating in Cyprus will shut down following a decision by the country’s Central Bank. A Central Bank of Cyprus (CBC) official has confirmed to CNA the decision taken by the country’s banking regulator....

63. The mandatory use of masks will soon be abolished

Minister of Health Michalis Hatjipantela sees a summer without health restrictions. In his interview with KATHIMERINI on Sunday, the Minister of Health said that the summer should go by without problems or restrictions if no new variants of the Omicron mutation appear....

64. Op-ed: A cornered rat is very dangerous indeed

Russian President Vladimir Putin has always been eager to share an instructive story from his childhood, about how, when he was growing up in poverty in Soviet Leningrad, he used to spend his days chasing rats....

65. EU states divided over Russian oil sanctions

The European Union was preparing sanctions on Russian oil on Monday, with possible exemptions for wary countries, and warned that complying in full with Moscow's proposed scheme to receive gas payments in roubles would breach existing EU sanctions....

66. Europe scrambles for natural gas solution as Putin squeezes supply

The European Union is racing to find alternative suppliers of natural gas after Russia's Gazprom cut flows to two EU nations, sparking fears that others will soon follow....

67. Op-ed: Realpolitik in Ukraine

The Western objectives in the Ukraine war are far from clear. This is perhaps because there are significant disagreements between the United States and Europe. ...

68. Putin warns West of lightning retaliation

Russian President Vladimir Putin warned of lightning-fast retaliation if countries interfere in Ukraine as European leaders accused Russia of 'blackmail' over its cuts to gas supplies...

69. 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....

70. 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...

71. 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%),”...

72. 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....

73. Op-ed: On the doorstep of an unknown world

We are Witnesses of the end of the world we knew, without knowing where we will be in a short time....

74. Op-ed: The two trends for working time

In the discussion about the time we dedicate to our work, a turn of 180 degrees has taken place and this is mainly due to the pandemic....

75. Pandemic: New Year's Eve under consideration

Experts are preparing for a difficult winter, what remains of it that is, due to the manifestation of the aggressive Omicron mutation. Like other European countries, Cyprus is experiencing a difficult period, a few days before the new year. ...

76. Europe restores strict measures in the shadow of 'omicron'

On the eve of the holidays, the threat of "Omicron" has led to the reinstatement of strict restrictive measures in many European countries, in order to curb the spread of the super-contagious new variant....

77. Digital Agenda 2021 ends with a bang!

The second and final day of Digital Agenda Cyprus was more impressive with speakers bringing together ideas, predictions and discussions about the future of technology and what to expect during the post-pandemic era....

78. Deaths are high, cases and hospitalizations are declining

As in August, we await an equally difficult September in terms of the number of COVD-19 patients who fell ill and ended up in an Intensive Care Unit (ICU). ...

79. FinMin: Cyprus to reduce debt once pandemic normalises

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....

80. Smoothening the cliff edge in EU-UK relations

The Trade and Cooperation Agreement (TCA) between the United Kingdom and the European Union came into effect on January 1, 2021, capping a tumultuous four-and-a-half-year period since the shocking result of the July 2016 Brexit referendum, in which 51.9% of the British voters voted in favor of leaving the EU. Subject to the delayed assent of the European Parliament, this UK-EU free trade agreement (FTA) extends zero-tariff and quota-free trade in goods between the two economic areas....

81. Cyprus remains an attractive investment destination

Cyprus remains an attractive investment destination, especially among established investors ...

82. FinMin confirms Cyprus won’t reinstate ‘golden passports’ scheme

Finance minister Constantinos Petrides assured that the government will not be reinstating the Cyprus Investment Program (CIP), that was shut down after the shocking corruption revelations that emerged through an Al Jazeera investigation and the subsequent stark criticism by the European Commission. ...

83. Megatrends that will shape the future

EY’s recent report, Megatrends 2020 and beyond, examines the new "megatrends", the forces that created them and their potential impact...

84. Government extends support schemes until end October

The Cabinet on Thursday decided to extend current government support programs aiming to cushion the blow of the coronavirus pandemic until the end of October, Labour Minister Zeta Emilianidou said....

85. KPMG Property Lending Barometer 2020

86. Cyprus to draw over €2.7b from EU pandemic recovery fund

European Union leaders reached a deal on a massive stimulus plan for their coronavirus-blighted economies at a pre-dawn meeting on Tuesday after a fractious summit that went through the night and into its fifth day....

87. Repair and Prepare: EU unveils €750 bln plan for coronavirus recovery

The European Commission unveiled on Wednesday a plan to borrow on the market and then disburse to EU countries 750 billion euros in grants and loans to help them recover from their coronavirus slump, giving an immediate boost to the euro....

88. EU pushes to unlock borders as coronavirus ravages travel

89. Eurozone set for record recession, EU Commission warns

The eurozone economy will contract by a record 7.7 percent this year because of the Covid-19 pandemic and inflation will almost disappear while public debt and budget deficits will balloon, the European Commission forecast on Wednesday....

90. Effects of COVID-19 on businesses, wider economy

The results of the PwC Cyprus Pulse Survey on the effects of COVID-19 on businesses and the wider economy, which was conducted with the participation of 45 CFOs from Cyprus, were made public today...