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151. Halloumi wins reprieve as EU grants five-year transition period

Cyprus' iconic Halloumi cheese remains a protected designation of origin (PDO) after the European Union granted a crucial five-year grace period to comply with production specifications....

152. Russian oil payments delayed amid sanctions scrutiny

Russian oil companies are facing significant delays in receiving payments for crude and fuel as banks in China, Turkey, and the United Arab Emirates (UAE) exercise increased caution over potential U.S. secondary sanctions, according to eight sources familiar with the matter....

153. Business loans drop, home loans steady

The Central Bank of Cyprus reported on Wednesday that the net demand for corporate loans continued to decrease in the last quarter of 2023, marking a consistent downward trend since the first quarter of 2022, although at a slower pace than anticipated earlier in the year....

154. Labor Minister discusses 'Cost of Living Allowance' for Cyprus

In an interview with Oriana Papantoniou, Minister of Labor and Social Insurance Yiannis Panayiotou highlighted the significant strides made during his first year in office, emphasizing a people-centric approach to governance. ...

155. UN's silent visit leaves Cyprus guessing

Maria Angela Olguín Cuellar kept her cards close to her chest, according to the "briefing" from the Presidential Palace......

156. Archbishop George calls for thorough investigation into monastery scandal

Archbishop George of Cyprus has issued a statement addressing the scandal surrounding the Avvakum Monastery, expressing his commitment to a thorough investigation into the matter....

157. Eurobank expands to India via Cyprus

Eurobank, a leading Greek financial institution, is poised to establish a representative office in Mumbai, India's bustling financial hub, signaling its strategic foray into the Indian market. ...

158. Filipino seafarers return home after surviving Yemen missile attack

Eleven Filipino seafarers finally reached the shores of the Philippines on Tuesday, nearly a week after enduring a harrowing missile attack by Houthi rebels off the coast of Yemen....

159. Cyprus: A familiar economic space for Greece

In an interview conducted by Kathimerini reporter Panayiotis Rougalas, Greece's Central Bank Governor, Mr. Yiannis Stournaras, sheds light on various aspects of the country's monetary policy and economic landscape....

160. Cypriot crew escapes Houthi attack unscathed

Deputy Minister of Shipping Marina Hadjimanolis told CNA that based on the information so far, it seems there are not any Cypriots on the cargo ship True Confidence, which was hit by a missile in the Red Sea....

161. President Christodoulides' candid year-one address

In a televised address marking the completion of his first year in office, President Nikos Christodoulides highlighted the achievements and priorities of his administration. Emphasizing transparency and accountability, the President outlined the following key areas of focus:...

162. US plans first military airdrop of aid into Gaza

U.S. President Joe Biden has announced plans for the first military airdrop of food and supplies into Gaza following the recent deaths of Palestinians waiting for aid. ...

163. Larnaca's renaissance as the island's boutique oasis

In a recent article by Kathimerini journalist Maria Eracleous, the spotlight is on Larnaca's burgeoning tourism sector, with a particular focus on the Accor Group's inaugural venture in the city....

164. Cyprus' economic mood sours in February

In February 2024, economic sentiment in Cyprus witnessed a decline, with the Economic Sentiment Indicator (ESI-CypERC) dropping by 2.1 points compared to January, according to the University of Cyprus Economics Research Center....

165. CEOs globally forecast increase in revenues, profits and deal making in 2024, as business transformation moves up the agenda

CEOs are optimistic about their ability to drive revenue growth and profitability in 2024 despite global economic headwinds, according to the latest EY CEO Outlook Pulse survey....

166. Leaked documents reveal extent of China's hacking operations

A significant data breach has exposed over 570 files and documents related to Chinese hacking activities, shedding light on the scale and effectiveness of China's cyber espionage operations....

167. Nicos Anastasiades welcomes investigation into allegations

In a written statement, former President Nicos Anastasiades welcomed the opening of the investigation into what he termed as "false and unsubstantiated allegations" contained in the book ...

168. SafeBulkers Inc. boosts Cypriot fleet with modern ships

In a strategic move to fortify the Cypriot flag, Safebulkers Inc., a prominent shipping company, has added two state-of-the-art vessels to its fleet....

169. ''Expected tougher questions from Tucker Carlson,'' says Putin

Russian President Vladimir Putin expressed gratitude towards right-wing US television host Tucker Carlson for their recent interview but voiced surprise over the absence of ''sharp questions'' during the discussion. ...

170. Is President's trustworthiness too good to be true?

On the 17th of April 2022, I delved into the enigma of the Christodoulides phenomenon, marveling at the unprecedented surge of public adoration that preceded his formal candidacy....

171. Parliament passes law to remove property restrictions in Occupied Areas

In a unanimous decision, the Plenary Session of the Greek Parliament passed a law abolishing the right of encumbrance of ''memorandum'' on properties held by banks and credit acquisition companies, located in the occupied territories. ...

172. US firmly rejects two-state solution for Cyprus settlement

173. Cyprus grapples with impending price increases in appliances

Another category of products faces potential price hikes, with household appliances such as refrigerators, washing machines, and televisions expected to experience increases in the near future. ...

174. T/C's want incentives from G/C's to return to talks

''I personally think there is flexibility in the positions expressed by the Turkish side" says British High Commissioner Irfan Siddiq, explaining that "they want to have the right to talk about a separate state...''...

175. Biden praises job growth, declares US economy 'strongest in the world'

President Joe Biden lauded the robust jobs report released on Friday, touting it as evidence of the United States possessing the world's strongest economy....

176. Cyprus set to join Great Sea Interconnector project

In a significant move aimed at enhancing regional energy cooperation, Cyprus is considering participation in the ambitious Great Sea Interconnector project, according to statements from government officials....

177. Nicosia's boutique hotel scene flourishes amid tourism surge

Seeking accommodation in a hotel in Nicosia for February, the search yields 22 options. Narrowing the search by distance from the city center results in fewer choices, yet still satisfactory. Twelve boutique units, primarily small boutique hotels, emerge from the search on booking.com....

178. Cyprus secures 25% stake in epic electric cable project

In the midst of a countdown, the government finds itself deeply engaged in one of the Eastern Mediterranean's most monumental energy endeavors....

179. Hungary's economy targeted in EU retaliation plan

In a tense diplomatic standoff, officials in Brussels have allegedly devised a clandestine strategy aimed at Hungary's economy should Prime Minister Viktor Orbán persist in blocking a €50 billion support package for Ukraine....

180. Police Chief under fire for leadership failure

Police Chief Stelios Papatheodorou's recent statement regarding the events unfolding in Limassol on Wednesday night failed to instill confidence in the public regarding the police leadership's resolve to address fan violence....