Russia Ukraine Archives - Financial Mirror

Cypriots still grappling with inflation woes

Consumers in Cyprus are still grappling with the lingering effects of previous inflation surges, despite a slowdown in the inflation rate to its lowest level in three years this March. The cost

5th April 2024

Cyprus/Economy

Ecological disaster waiting to happen

A month from now, on April 26, politicians and the media around the world will recall how the 1986 explosion in the Chernobyl atomic plant was the worst nuclear disaster in history.

1st April 2024

Comment/Editorial

What is the real size of Russian deposits in Cyprus?

An article was published on 24 January which said, “Cypriot banks severed business ties with nearly 60,000 customers – mostly Russian and Ukrainian nationals – between 2014 and 2022, while some 126,000

5th February 2024

Columnists/Comment/Cyprus/Economy

Economic growth slows, to pick up from 2025

Real GDP growth in Cyprus is estimated to have slowed from 5.1% in 2022 to 2.4% in 2023, with economic growth projected to stay at 2.4% this year and to improve to

27th January 2024

Cyprus/Economy

Geopolitics shaping inflation, growth expectations

Geopolitics always played a role in the global economy long before the Great War. However, since the end of the Cold War, its significance was almost undermined and economists and policy makers

21st January 2024

Columnists/Comment/World

GDP growth at 2.4%, new and old challenges, says central bank

Cyprus’ GDP growth rate for 2023 will be 2.4% and annual inflation is anticipated to reach 3.9%, with the island’s economy displaying resilience under pressure from hiking interest rates and uncertainty caused

18th December 2023

Cyprus/Economy

New crackdown ahead for Russia sanction-busters

By Nick Kochan Western law enforcement agencies are closing the loopholes in sanctions policies in a bid to ratchet up the pressure on anyone seeking to circumvent sanctions on Russia. A period

17th December 2023

Comment/Cyprus/Guests/World

More Cypriot companies on US sanctions list

Four more Cyprus-based companies have been sanctioned by the U.S. authorities after evidence emerged tying them to sanctions evasions and contributing to the enhancement of Russia’s energy production. According to a statement

14th December 2023

Cyprus/World

More sanctions over ties to Russia drones

Four Cypriot companies found themselves sanctioned by the U.S. authorities after evidence linking them to the sale of equipment used for drones deployed by Russia in the war on Ukraine. According to

6th December 2023

Cyprus/World

Making Ukrainian victory possible

“We must provide Ukraine with the means to push Russia out. Tanks are necessary for Ukrainian forces to break through the current stalemate of trench warfare, and to regain the momentum they

4th February 2023

Comment/Guests/World