https://knews.kathimerini.com.cy/en/news/greek-pm-meets-with-president-anastasiades-in-cyprus
Greek Prime Minister Kyriakos Mitsotakis and Cyprus President Nikos Anastasiades said Friday that international law, strong alliances and the countries’ presence in the EU are what protect against Ankara's rhetoric and provocations....
https://knews.kathimerini.com.cy/en/news/central-banks-across-europe-jack-up-interest-rates-to-fight-inflation
Central banks across Europe raised interest rates on Thursday, some by amounts that shocked markets, and hinted at even higher borrowing costs to come to tame soaring inflation that is eroding savings and squeezing corporate profits....
https://knews.kathimerini.com.cy/en/news/us-fed-raises-interest-rates-by-75-largest-hike-in-30-years
The US central bank has announced its biggest interest rate rise in nearly 30 years as it ramps up its fight to rein in soaring consumer prices....
https://knews.kathimerini.com.cy/en/news/british-rape-accuser-drags-cyprus-to-court
A British young woman who was cleared of lying about a gang rape in Ayia Napa is taking the Republic of Cyprus to the European Court of Human Rights after police said they would not investigate allegations against Israeli teens...
https://knews.kathimerini.com.cy/en/news/menendez-there-will-be-consequences-for-turkey-s-violations
The Turkish occupation of Cyprus and Ankara's policy, which remain a threat to stability and prosperity in the region, was raised by Senator Robert Menendez during the Annual Economist New York Mediterranean Business Summit on Tuesday....
https://knews.kathimerini.com.cy/en/business/porsche-presents-the-exclusive-taycan-gts-hockenheimring-edition
To mark the 90th anniversary of the Hockenheimring, Porsche presents the first special edition based on its electric sports car: the Porsche Taycan GTS Hockenheimring Edition. ...
https://knews.kathimerini.com.cy/en/news/eu-s-von-der-leyen-lng-in-cyprus-and-greece
European Commission President Ursula von der Leyen's speech at the World Economic Forum in Davos and what she said about the energy sources of the Old Continent is essentially the first step in the role that the Eastern Mediterranean and its reservoirs can play in the EU's efforts to cut its dependence on Russian hydrocarbons....
https://knews.kathimerini.com.cy/en/news/top-russian-diplomat-quits-over-ukraine-invasion
A top Russian diplomat has resigned his post with a scathing letter attacking Russia's war in Ukraine and what he described as his country's political degradation, according to multiple reports....
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-net-profit-of-€21-million-in-q1-and-a-record-of-new-loans
Bank of Cyprus group announced on Thursday a net profit of €21 million for the first quarter of 2022, compared to net profit of €8 million in the first quarter of 2021....
https://knews.kathimerini.com.cy/en/news/ec-projects-economic-slowdown-and-rising-inflation-for-cyprus
The European Commission has revised its economic projections for Cyprus citing a downward trend due to the effects of Russia’s invasion of Ukraine and the associated sanctions against Moscow on the island’s tourist and services sector....
https://knews.kathimerini.com.cy/en/news/fozen-russian-reserves-should-be-used-to-rebuild-ukraine
EU capitals should consider seizing frozen Russian foreign exchange reserves to cover the costs of rebuilding Ukraine after the war, the bloc’s top diplomat has said, as the west debates how to force Moscow to pay for some of the damage the conflict has caused....
https://knews.kathimerini.com.cy/en/news/cyprus-to-export-natural-gas-by-2026-energy-minister-says
Cyprus is hoping to begin exporting its natural gas from the “Aphrodite” gas field by 2026, Minister of Energy, Commerce and Industry, Natasa Pilides, has said....
https://knews.kathimerini.com.cy/en/news/petrides-government-to-continue-support-measures-for-vulnerable-groups
The government is determined to continue the support it has been providing to vulnerable population groups against rising inflationary trends said Finance Minister Constantinos Petrides, speaking on the sidelines of the presentation of the Sponsorship Scheme for Student Dormitories and Rooms in the old city of Nicosia....
https://knews.kathimerini.com.cy/en/news/sba-land-run-rules-in-foreign-investors
More opportunities and fewer restrictions for land development on SBA land went into effect on Monday in Cyprus, where foreign nationals will be allowed to invest along with locals who now have to review details and move quickly with any possible objections...
https://knews.kathimerini.com.cy/en/news/op-ed-inflation-welcomes-generation-z
Inflation is the rate at which prices rise, which means that we need more money to buy the same product or service. Consequently, if your salary stays the same, then your purchasing power will decrease, as you will be able to buy fewer goods and services....
https://knews.kathimerini.com.cy/en/news/russia-teetering-on-brink-of-default-as-us-stops-bond-payments
The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million from reserves held at U.S. banks, in a move meant to ratchet up pressure on Moscow and eat into its holdings of dollars....
https://knews.kathimerini.com.cy/en/news/op-ed-let-s-imagine-putin-didn-t-miscalculate
The conventional wisdom is that Vladimir Putin catastrophically miscalculated. He thought Russian-speaking Ukrainians would welcome his troops. They didn’t. ...
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-imposes-fresh-sanctions-on-russia-while-providing-an-additional-$1b-in-humanitarian-aid
The United States will expand its sanctions on Russia in response to the invasion of Ukraine, targeting members of the country’s parliament and the central bank’s gold reserves, the White House announced Thursday....
https://knews.kathimerini.com.cy/en/news/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....
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/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....
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/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.
...
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/two-ministerial-commitees-established-to-monitor-impact-of-ukraine-crisis-on-cyprus
At a meeting chaired by President Nicos Anastasiades today at the Presidential Palace, two ministerial committees were established to monitor the effects of the Ukraine crisis on Cyprus....
https://knews.kathimerini.com.cy/en/news/petrides-cyprus-banks-are-safe-from-exposure-to-russia
The economic sanctions imposed against Russia following the invasion of Ukraine are not affecting Cyprus to a large extent as the island’s banking system has no exposure to Russia...
https://knews.kathimerini.com.cy/en/news/cyprus-closes-airspace-to-russia-but-reserves-right-to-reconsider
Foreign Minister Ioannis Kasoulides expressed on Sunday Cyprus’ support to measures discussed with EU counterparts during an informal videoconference regarding, among other things, humanitarian support to Ukraine and targeted restrictive measures against Russia....
https://knews.kathimerini.com.cy/en/news/i-am-target-number-one-zelensky-says-russian-special-forces-kill-squads-are-inside-kyiv-video
Ukraine's president has admitted that he is 'target number one' for Russian assassins in his capital but insisted that he remained in Kyiv as he urged his fellow citizens to remain strong.
...
