Search

241. Exports of halloumi at 1.34 billion over the last 5 years

Halloumi exports have increased in recent years and are expected to peak in 2022. Data for the first nine months of 2022, i.e. up to September, show exports worth €227 million and an export volume of 32,000 tonnes. ...

242. Cyprus is in the midst of the new 'Narcos'

Since December 20, cannabis has been washing up on the shores of free and occupied Famagusta, specifically over 100 kilos of packaged Indian hemp were collected by police....

243. Economic events that will be remembered in 2022

The energy crisis, which intensified after Russia's invasion of Ukraine and resulted in skyrocketing gas prices, took the lead throughout the year....

244. Nikos Christodoulides’ program for the next five years

Cypriots will go to the polls on February 5 to elect the 8th President of the Republic. The campaign began very early compared to previous elections and will intensify during the remaining few weeks. ...

245. Israeli ambassadorship to Turkey rewrites gas rules

Israel's new ambassador to Turkey presented her credentials to Turkish President Tayyip Erdogan week, after four years of strain between the two countries and just months after Nicosia said it was confident it would not be sidelined by its Jewish neighbor...

246. Plant to process Israeli gas for export an option

The government of Cyprus is weighing a proposal for a pipeline that would carry natural gas from Israel to the island nation, where it would be processed and exported by ship to Europe and elsewhere as Russia’s war in Ukraine compounds an energy crisis, the Cypriot energy minister said Monday...

247. Russia puts Greece on notice over Cyprus’ S-300 missiles

Moscow is warning Athens that a potential transfer of Cyprus’ Russian-made S-300 missile defense system from Greece to Ukraine would be 'a blatantly aggressive move against Russia'...

248. Trade deficit jumps to €6.17 billion in January – October 2022

Cyprus’ trade deficit jumped to €6.17 billion for the period from January to October 2022, surpassing the deficit for the full year 2022 amounting to €5.24 billion, amid price hikes mainly driven by the war in Ukraine....

249. Gov't admits to allowing spyware exports

The Greek government has admitted that it gave an Athens-based company permits to export a phone hacking tool to Madagascar, a country with a history of cracking down on dissent....

250. Britney Griner swapped for Russian arms dealer

WNBA star Brittney Griner has been released from Russian detention in a prisoner swap for convicted Russian arms dealer Viktor Bout, according to a source familiar with the matter....

251. Menendez: 'I will not support the sale of F-16 fighter jets to Turkey'

According to Senate International Affairs Committee Chairman Robert Menendez, the National Defense Authorization Act (NDAA) for the defense budget is not a victory for Turkey....

252. G7 price cap on Russian oil kicks in

The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to limit Moscow's ability to finance its war in Ukraine, but Russia has said it will not abide by the measure even if it has to cut production....

253. EU: The price of Russian oil has been capped at $60

The European Union has agreed to cap the price of Russian seaborne oil at $60 per barrel, a Polish official stated....

254. Minister says efforts to promote Cypriot wine bear fruit

Energy Minister Natasa Pilides, who also oversees Commerce, said Wednesday that the first National Action Plan to promote Cypriot wine seem to be bearing fruit, as exports of wines in 2021 saw a rapid increase over 60%...

255. Cyprus wants to get in on fast-track gas to EU

Cypriot President Nicos Anastasiades is calling on Brussels to help encourage companies to move fast and include the island in plans to supply Europe with natural gas from the eastern Mediterranean...

256. EU struggles with Russian oil price cap

European Union governments remained split on Thursday over what level to cap Russian oil prices at to curb Moscow’s ability to pay for its war in Ukraine without causing a global oil supply shock, with more talks possible on Friday if positions converge...

257. Replacement of Russian arms mooted

The war in Ukraine is expediting the complete decoupling of the Hellenic Armed Forces from Russian-made weapons systems, as it is becoming abundantly clear that the rupture between Moscow and NATO is not conducive to the creation of conditions for their maintenance...

258. Chevron buys time as Cyprus and Israel still negotiate

Chevron took a step back this month after it postponed the drilling of an appraisal well offshore Cyprus, a plan that initially caught Israel by surprise and prompted an impromptu visit to Nicosia last summer as the two countries have yet to resolve a dispute...

259. Ukraine's grain agreement with Russia extended 4 months

A diplomatic agreement that restarted Ukraine's maritime food exports will continue for at least another four months, keeping the economic lifeline open as the major food producer faces its first full winter at war with Russia....

260. Spyware and political games

The European Parliament's Committee of Inquiry's draft report on the use of spyware in the EU was lengthy and comprehensive, but in the case of Cyprus, a sizable portion of the information was a repetition of already well-known facts and concerns about the absence of the required institutional framework. ...

261. How Turkey's 'Blue Homeland' doctrine came to be

Fresh fuel was thrown onto the already volatile Greek-Turkish relationship in 2019 in the form of a map that was made public in a photograph that had Turkish President Recep Tayyip Erdogan standing in front of it....

262. Slower economic growth expected towards end of year

The Cypriot economy is expected to slow down towards the end of 2022 after growing steadily during the first half of the year, according to the chapter on Cyprus from the European Commission’s Autumn 2022 Economic Forecast which was presented on Friday by Commissioner for the Economy Paolo Gentiloni....

263. Report claims 3-4 companies produce spyware in Cyprus

Cyprus's parliament opened an inquiry on Wednesday into the development of spyware on the island, after a draft European Parliament committee investigation report said it was an important export hub for the surveillance industry....

264. Initial PEGA report - Cyprus is an appealing destination for spy goods

265. Prepare for an increase in grain prices

Agriculture Minister Costas Kadis told 'K' that there is no concern about grain sufficiency in the Cypriot market at this time, explaining that strategic stocks of grains received in the summer remain in importers' silos. ...

266. 9.5 million mobile phones tapped in Cyprus according to AKEL

AKEL has made serious allegations regarding the interception of mobile communications in Cyprus. During the presence of the PEGA Committee members in Parliament, ...

267. Wim Van Aken talks recession and the predictions for Cyprus

We are facing a double shock. First, we had the Covid-19 shock and now the global and European economies are facing a new shock with the war in Ukraine. Both events are unprecedented for many of us....

268. Government transparency and a single Cyprus identity on the campaign agenda

The Cyprus problem, energy, green economy, public education, the calls for disclosure of information related to the Cyprus Investment Programme, and the failure of four independent candidates to run under a common candidacy, were the main topics of candidates' statements and activities on Thursday....

269. EU leaders burn midnight oil on gas prices

European Union leaders ended another debate on the bloc's response to the energy crunch without agreement on whether to cap gas prices, deciding in the early hours of Friday morning to keep examining options to put a ceiling on costs...

270. China finds friendly ear in Cyprus as EU cranks it up

Cypriot House Speaker Annita Demetriou reaffirmed Nicosia’s One China position this week during a meeting with the Chinese ambassador, who responded with a similar One Cyprus principle as the two countries sought to strengthen ties while Brussels warned EU should steer clear...