Russia Archives - Page 6 of 12

EU unveils toughest Russia sanctions

A ban on Russian oil is included in the sixth EU package of tougher sanctions against Russia unveiled on Wednesday by European Commission President Ursula von der Leyen. “This will be a complete import ban

4th May 2022

Europe

Cyprus backs EU moves against Russia energy cuts

Cyprus backs EU plans on energy security and beefing up storage after Russia cut off gas supplies to fellow bloc members Bulgaria and Poland. Brussels says it is preparing for difficult months

3rd May 2022

Energy

Higher energy prices demand Cyprus rethink

With oil and gas prices not expected to come down, Cyprus needs to rethink its entire energy plans, according to a leading industry expert. Charles Ellinas, a Senior Fellow at the Global

1st May 2022

Energy

Bulgaria heads EU bid to end Russia energy-dependency

The European Commission and Bulgaria agreed to create the EU’s first regional task force as part of the bloc’s Energy Purchase Platform, following Gazprom cutting gas deliveries to Sofia and Warsaw. The

30th April 2022

Energy

Alternative energy is the new frontier

With Russia halting natural gas supplies to western Europe, the ‘weaponisation’ of energy had lurked in everyone’s mind. Politicians prayed Moscow would never resort to this form of blackmail and the pipelines

30th April 2022

Editorial/Energy

Tech gloom quickly fades

By Craig Erlam Stock markets pushed higher again on Thursday, with the Nasdaq taking part this time after Tesla reported strong figures for the first quarter. The doom and gloom following Netflix

21st April 2022

Markets/World

Nicosia welcomes Russia’s denial of consulate in north

Nicosia is satisfied that Russia has refuted reports as ‘untrue’ it is establishing a consulate in the Turkish occupied north of the island. Russian ambassador Stanislav Osadchiy issued a statement denying the

19th April 2022

Cyprus/World

Toxic fallout from RCB closure

Some 400 RCB employees and 11,000 customers are in limbo as the bank’s winding down process is not going as smoothly as the Central Bank had predicted. RCB Bank had embarked on

2nd April 2022

Business

Fraction of bank deposits frozen by Russia sanctions

A small fraction of deposits in Cypriot banks have been frozen following EU sanctions on Russia and its wealthiest and most influential oligarchs, with close ties to the Kremlin, said Cyprus Central

1st April 2022

Business

Draghi walks sanctions tightrope over Russian energy

By Brigitte Hagemann Even as Italy’s Mario Draghi voices firm opposition to Russia’s invasion of Ukraine, the country’s dependence on Russian gas puts the prime minister in a tight spot. Italy was

13th March 2022

Energy/Markets/World