Cyprus Business Now
Baker Tilly South East Europe chief executive officer Marios Klitou on Tuesday will receive the title of National Order for Faithful Service of the Rank of Knight by the Romanian ...
Oil falls 8 per cent on Russia-Ukraine talk hopes, China lockdowns
Oil prices dropped about 8 per cent on Monday to the lowest in two weeks, as diplomatic efforts between Ukraine and Russia looked like they might end their conflict, which would ...
Cyprus trade deficit increased in January
Cyprus’ trade deficit increased in January 2022 by 19.4 per cent, to €518.72 million, compared to €434.34 million in January last year, according to provisional data, published by the Statistical Service of Cyprus.
At ...
Energy prices at the mercy of speculative money
By Yiannis Seitanides
The Cypriot and global economies are adversely affected by the high cost of energy, which fuels inflation, and solutions are being sought to mitigate the impact on ...
Authorities struggling to determine whether young migrants are actually adults
In the wake of the uproar over living conditions for unaccompanied minors at Pournara migrant reception centre, MPs on Monday focused on the delicate subject of how to determine whether ...
Our View: Time the government broke free from its Covid-19 mindset
In the six days from last Tuesday to Sunday, a total of about 550,000 PCR and rapid tests were carried out, an average of 91,000 tests per day. The most tests – 133,874 – were ...
World Bank’s Malpass warns against hoarding of food or gasoline
World Bank President David Malpass on Monday warned people and businesses against hoarding food and gasoline despite the surge in prices sparked by Russia’s invasion of Ukraine and massive ...
Police oust squatters from Russian oligarch’s London mansion
Police on Monday evicted squatters who had occupied a London mansion belonging to the family of Russian billionaire Oleg Deripaska, who was placed on Britain’s sanctions list last week ...
Anti-war protester in studio interrupts live Russian news broadcast (Updated)
An anti-war protester interrupted the main news programme on Russia’s state TV Channel One on Monday, holding up a sign behind the studio presenter with slogans denouncing the war ...
US warns China not to help Russia on Ukraine as first convoy flees Mariupol (Update 5)
The United States on Monday warned China not to help Russia’s invasion of Ukraine as Moscow allowed the first convoy to escape besieged Mariupol, home to the worst humanitarian ...
Russian oligarch Abramovich spotted in Israeli airport
Sanctioned Russian oligarch Roman Abramovich was seen in Tel Aviv’s Ben Gurion airport on Monday shortly before a jet linked to him took off for Istanbul, where his yacht ...
US raises concerns about China aligning with Russia at meeting it calls ‘intense’ (Update 2)
US national security adviser Jake Sullivan on Monday raised concerns about China’s alignment with Russia in a seven-hour meeting with Chinese diplomat Yang Jiechi as Washington warned of the ...
Iran says US has to make decision on reviving nuclear deal (Updated)
The United States needs to make a decision to wrap up a deal to salvage Iran’s 2015 nuclear accord with world powers, the Iranian foreign ministry spokesperson said on Monday ...
Hope for Children NGO steps up volunteer network for Ukrainians
NGO Hope for Children announced on Monday it has teamed up with volunteer network Cyprus For Ukraine (CY4UA) on several humanitarian initiatives to aid families and children affected by ...
Erdogan says unclear whether Turkey will buy more Russian arms
Turkish President Tayyip Erdogan said on Monday it was too early to comment on Turkey’s possible purchase of more Russian weapons given Moscow’s invasion of Ukraine.
Speaking in ...
Teen refugees in Berlin vow to return and rebuild Ukraine
Polina Okhrytkova, 19, and Marta Pysanko, 18, first traded their arts studies at Kyiv University for building Molotov cocktails to help fend off the Russian invasion of Ukraine. Then, as the bombs ...
Coronavirus: 3,782 new cases, no deaths
The health ministry announced 3,782 new coronavirus infections on Monday after 111,926 tests, a positivity rate of 3.38 per cent.
No deaths were reported.
There are 101 people in the hospital with the virus, ...
EU member states agree new package of sanctions against Russia
European Union member states have agreed on a fourth package of sanctions against Russia following its invasion of Ukraine, the office of the French EU presidency wrote on Twitter on ...
Ukraine crisis prompts calls for further extension to tax returns
Disregarding objections from the government, lawmakers on Monday decided to press ahead with two bills extending the deadline for companies and self-employed persons to submit their tax returns for 2020.
As ...
Music in the mountains
Agrovino is a charming, petit wine bar and shop nestled in the cobbled stone streets of Lofou village. Apart from serving local Cypriot wines and offering wine tasting experiences, it ...
Breakthrough unlikely, but Erdogan-Mitsotakis meeting ‘a positive step’
President Nicos Anastasiades has been briefed by his Greek counterpart Kyriacos Mitsotakis about the latter’s weekend meeting with the Turkish president, Nicosia said on Monday, as a former Turkish ...
Cyprus GDP to suffer from Russian sanctions
Cyprus’ GDP could be affected by between 1.5 to 2 per cent during 2022 if Cypriot airspace remains closed to Russia for the entirety of 2022, rating agency DBRS Morningstar said on Monday.
The ...
One-month football ban for fan
A 41-year-old man was on Monday banned from sports venues for a month, after he lit up a fire torch during the Apollon-Anorthosis football match in Limassol over the weekend.
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Projects for the mountains near completion
President Nicos Anastasiades will present next week the projects completed so far as part of the first national strategy for the development of mountain communities, the government announced on Monday.
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