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121. Trade deficit slashed by 20% in 2024 amid falling imports

Cyprus saw its trade deficit shrink by over 20% in the first half of 2024, according to the latest data from the Statistical Service. The trade deficit, which is the difference between what the country imports and exports, fell to €3.57 billion, down from €4.48 billion during the same period in 2023....

122. Potato harvests increase in 2023 but long-term decline persists

Cyprus witnessed a modest increase in potato production in 2023, with 95,000 tonnes harvested, marking a 5.6% rise from the previous year, according to recent data from Eurostat, the European Union's statistical office....

123. Cyprus inflation slows in July after three months of rising costs

Inflation in Cyprus took a breather in July after three months of climbing prices. According to new figures released by the Cyprus Statistical Service, the cost of living went up by 2.1% in July. ...

124. Real estate investment opportunities by AstroBank

AstroBank is selling an unfinished commercial building in Strovolos and other commercial, residnetal and agricultural properties that are ideal investment opportunities in Nicosia, Larnaca, Famagusta, and Paphos. ...

125. Large residential fields for sale by AstroBank

126. Strict penalties for illegal fires as public urged to exercise caution

The Forestry Department has issued a ''Red Alert'' for Tuesday as regards the risk of eruption and spread of forest fires, on Tuesday, according to the Department of Forests....

127. Turn your land or roof into income and help combat climate change

As the world grapples with the intensifying effects of climate change, marked by record-breaking temperatures from June 2023 onwards, the call to shift towards sustainable practices has never been more urgent....

128. June sees price hikes on essentials as inflation rises

Get ready to pay more for everyday items! Prices for many essential goods jumped in June, driving up inflation to 2.9%. This follows a steady rise from 2.4% in April and 2.7% in May....

129. ''We're having a heatwave, a tropical heatwave...''

The Department of Meteorology has issued a yellow warning for extreme temperatures today. The warning is in effect from 11:00 AM to 4:00 PM, with maximum temperatures expected to reach a scorching 42 degrees Celsius inland and around 32 degrees Celsius in the higher mountain areas....

130. Cyprus seeks EU support to keep youth in countryside

Cyprus is seeking support from the European Union in its efforts to bring about the demographic regeneration of its rural areas, Minister for Agriculture Maria Panayiotou......

131. Cyprus faces growing threat from drug-resistant bugs: Is there hope?

In a bid to tackle a global health challenge, Cyprus is ramping up efforts to reduce the use of antibiotics in its livestock sector. This initiative comes as antimicrobial resistance poses a serious threat worldwide, leading to millions of deaths annually....

132. Cyprus exports decline sharply while imports see a modest rise

Cyprus saw its trade deficit grow in May 2024, largely due to a significant drop in exports and a slight increase in imports, according to recent data from the Cyprus Statistical Service. The trade deficit for May 2024 was €693.4 million, up from €578.2 million in May 2023....

133. Cyprus requests €89.2M in EU grants for recovery plan

The European Commission received a payment request on Thursday from Cyprus for €89.2 million in grants, netting €76.9 million after pre-financing....

134. Cyprus joins European effort to combat desertification in rural areas

Cyprus participates in a new project aimed at combating desertification in rural areas of Southern Europe and Northern Africa, the Cyprus Institute said in an announcement on Thursday....

135. Real estate investment opportunities by AstroBank

AstroBank has listed for sale a commercial property consisting of three shops in Larnaca as well as residential and agricultural real estate ideal for investment in Larnaca, Paphos, and Famagusta....

136. EU funds drive Cyprus organic plant production with €5.2M

The Cyprus Agricultural Payments Organization (CAPO) has disbursed over 5 million euros to beneficiaries under Action A.A. 1.4 - Organic Plant Production of Cyprus' Strategic CAP Plan for the 2023-2027 programming period....

137. Top Cypriot producers honored for their culinary excellence

Ten Cypriot agri-food producers were honored at the 10th ''Gastronomos'' Quality Awards on Thursday evening, June 27, 2024. The event, held at the old Nicosia Town Hall, celebrated a decade of achievements in Cypriot gastronomy and the promotion of local products....

138. Fire ravages Kelokedara-Trachypedoula area

Firefighters battled flames through the night in the area between Kelokedara and Trachypedoula, Community Council President Marios Zachariadis said Friday....

139. Fires devastate homes and solar park, communities reeling

Twenty-one houses, including three completely destroyed, were among the casualties of fires that swept through the Paphos district over the last two days, Deputy Prefect George Chrysafini reported Wednesday....

140. Wildfire subsides, surveying of damage begins

The raging fire in Paphos has subsided, according to statements made by the Minister of Agriculture following the Council of Ministers meeting....

141. Cyprus trade deficit shrinks by €708 million

The trade deficit in Cyprus decreased by €708 million in January-April 2024 compared to the same period in 2023, driven by a significant 18.4% drop in imports, according to the Statistical Office....

142. Eco-friendly farming ideas from Safe-H2O-Farm project meeting

Earlier this month, The Cyprus Institute hosted the first annual meeting of the PRIMA Safe-H20-Farm project....

143. Cyprus continues to sweat under the scorching heat

Cyprus' Meteorology Department issued new warnings on Thursday for extreme maximum temperature, as the heatwave in the Mediterranean island continues...

144. Real estate investment opportunities by AstroΒank

Astrobank has listed for sale a large seaside plot of land in Mazotos, as well as other properties that are ideal investment opportunities in Nicosia, Larnaca, Limassol and Paphos....

145. Cyprus braces for extreme heat and high fire risk

The Cyprus Meteorological Service has issued a yellow warning for extreme high temperatures on Tuesday, with inland temperatures expected to soar to around 42 degrees Celsius (108 degrees Fahrenheit). The warning is in effect from 11:30 a.m. to 4:30 p.m. local time....

146. Heat wave hits Cyprus, red alert for forest fires

Cyprus is bracing for its first heat wave of the summer today, with temperatures expected to soar to 40 degrees Celsius......

147. AstroBank: Investment opportunities in Paphos and Famagusta

AstroBank is selling a shop at the Paphos town centre, a detached house in Peyia as well as agricultural and residential plots elsewhere in Paphos and in Famagusta that are ideal as an investment. ...

148. MED9 ministers align on crisis strategies for agriculture

The Agriculture Ministers of the MED9 group called for enhancement and promotion of crisis measures in the context of the Common Agricultural Policy......

149. Turkish Cypriot farmers protest lack of government dialogue

Turkish Cypriot farmers are ramping up their demonstrations in the occupied territories, voicing their frustration over the absence of meaningful discussions with the authorities of the self-proclaimed state....

150. Cyprus pledges to plant 100,000 trees annually to combat climate change

The Ministry of Agriculture, Rural Development, and Environment has introduced a series of ambitious green initiatives......