The new round of US sanctions on the war in Ukraine is targeting a major Russian commercial bank and a "global network" of more than 40 individuals and entities.

Cryred Investments, controlled by local businessman Spyros Theodoropoulos, on Friday submitted a request to the Hellenic Capital Market Commission to purchase all types of shares of Greece-based luncheon meats maker Nikas, essentially a “squeeze out” - a compulsory sale of shares held by minority shareholders with a fair cash compensation.

Israel pledged its support to its European allies in their quest for energy security and independence through Energy Minister Karin Elharar during yesterday's ministerial meeting with Costas Skrekas and Cypriot Minister Natasa Peleidou.

This was noted by Ms. Elharar in her statements promising gas exports from the fields of the Israeli EEZ to European markets.