https://knews.kathimerini.com.cy/en/news/uk-s-royal-navy-boosts-ukraine-s-maritime-strength
The Royal Navy is set to transfer two minehunter ships to Ukraine, a move aimed at enhancing the country's maritime capabilities in the wake of Russia's invasion....
https://knews.kathimerini.com.cy/en/business/cyprus-gets-bbb-boost-in-latest-ratings-but-challenges-persist
The German Scope Ratings have given a positive sign for Cyprus by upgrading the country to BBB+ last Friday from the previous BBB while keeping the outlook of the economy stable. ...
https://knews.kathimerini.com.cy/en/business/cyprus-trade-deficit-swells-as-imports-surge-in-2023
Cyprus faces a growing trade deficit, reaching €6,490.8 million in January-September 2023, a €685.1 million increase from the same period in 2022, reports the Statistical Service of Cyprus. Total imports surged by 12.7% to €9,756.5 million, with exports rising by 14.6% to €3,265.7 million during the same period....
https://knews.kathimerini.com.cy/en/news/will-czech-republic-embrace-the-euro
Despite being part of the European Union for nearly two decades, the Czech Republic remains staunchly opposed to adopting the euro as its official currency. ...
https://knews.kathimerini.com.cy/en/news/halloumi-talks-continue-as-stakeholders-seek-common-ground
In a meeting lasting over four hours on Monday evening at the Agricultural Research Institute in Aglandjia, discussions on the issue of halloumi concluded with a concise announcement from the Ministry. It was decided to continue talks with different stakeholder groups individually....
https://knews.kathimerini.com.cy/en/business/ministry-recommends-adjusting-milk-mix-for-better-halloumi
The Ministry of Agriculture, Rural Development, and Environment is taking steps to improve the production of the highly-regarded PDO halloumi cheese. ...
https://knews.kathimerini.com.cy/en/news/cyprus-tops-eu-in-export-growth-with-55-2-surge-in-august-2023
Cyprus has taken the spotlight as the European Union's top performer in export growth, with a remarkable 55.2% surge in exports during August 2023 compared to the same period in 2022, according to Eurostat, the EU's statistical service....
https://knews.kathimerini.com.cy/en/news/ireland-s-tax-policies-fill-sovereign-fund-coffers
Countries like Saudi Arabia, Norway, and Chile have long established their own sovereign-wealth funds....
https://knews.kathimerini.com.cy/en/news/former-president-s-startling-revelation-about-food
In April 2022, former Russian President Dmitry Medvedev, now deputy head of Russia’s Security Council, said on his Telegram channel: “Our food is our silent weapon. Silent — but formidable."...
https://knews.kathimerini.com.cy/en/news/halloumi-exports-hit-€112-million-mark
The demand for halloumi, Cyprus’ renowned cheese, in foreign markets is steadily growing with exports in the first four months of 2023 amounting to €112 million, Minister of Agriculture, Rural Development and the Environment, Petros Xenofontos has said....
https://knews.kathimerini.com.cy/en/news/sheep-s-surprise-attack-on-medicinal-cannabis
A herd of sheep descended upon a partially flooded greenhouse in the vicinity of Almyros, Magnesia, Greece, with a peculiar appetite for medicinal cannabis. ...
https://knews.kathimerini.com.cy/en/business/halloumi-woes-persist-as-pdo-battle-heats-up
One year after the implementation of an agreement between the Ministry of Agriculture, producers, cheese makers, and KEBE regarding halloumi cheese, issues persist....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-gas-dilemma-deepens
While Netanyahu's recent visit to Cyprus generated considerable attention, it's apparent that promises of cooperation in the Eastern Mediterranean have yet to materialize. ...
https://knews.kathimerini.com.cy/en/news/putin-and-erdogan-s-plan-for-turning-turkey-into-an-energy-hub-stalls
A joint endeavor between Putin and Erdogan to transform Turkey into a crucial conduit for Russian gas to Europe appears to have hit a roadblock, according to sources cited by Reuters....
https://knews.kathimerini.com.cy/en/news/china-s-economic-slowdown-threatens-global-stability
China is unlikely to surpass the US as the world's largest economy as initially predicted for the early 2030s, primarily due to a growing lack of confidence in the Chinese economy, according to Bloomberg Economics analysts....
https://knews.kathimerini.com.cy/en/comment/opinion/are-dairy-products-the-new-focus-for-israel-cyprus-relations
If someone hadn't followed the Israeli Prime Minister's past statements about EastMed and the LNG terminal in Cyprus and didn't know that energy was the main topic in the previous eight meetings, they might have thought that the leaders of Cyprus, Greece, and Israel had more pressing matters during the 9th trilateral meeting in Nicosia. ...
https://knews.kathimerini.com.cy/en/news/us-eases-defense-trade-rules-for-cyprus-in-2024
The US Secretary of State has lifted the Defense Trade Restrictions on the Republic of Cyprus for the fiscal year 2024....
https://knews.kathimerini.com.cy/en/business/sweet-success-as-cyprus-ice-cream-exports-trend-upward
Ice cream exports from Cyprus to non-EU countries have been increasing in the past four years, but remained far from quantities exported in previous years, while at the same time, imports from non-EU countries have been reducing, according to data released by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/news/russia-s-ruble-drops-to-lowest-level-since-2022-conflict
The Russian ruble slid past 100 against the dollar Monday, its lowest level since March 23, 2022 -- weeks after Moscow unleashed full-scale hostilities in Ukraine....
https://knews.kathimerini.com.cy/en/news/russian-navy-fires-warning-shots-at-uncooperative-cargo-ship
For the first time in nearly a month, a Russian warship has fired warning shots toward a cargo ship in the Black Sea on Sunday after the captain allegedly failed to respond to a request to inspect the ship....
https://knews.kathimerini.com.cy/en/business/cyprus-spends-more-on-imports-trade-gap-widens
The trade deficit in the first half of 2023 increased by approximately €574 million compared to the same period last year, even though imports significantly dropped in May and June of 2023 when compared to 2022....
https://knews.kathimerini.com.cy/en/news/is-poland-upset-with-ukraine
The eastern flank of the European Union — particularly Poland — continues to play a crucial role in helping Ukraine fight against Russia’s invasion. A recent diplomatic squabble over grain imports, compounded by historical issues, puts the once-stable footing at risk....
https://knews.kathimerini.com.cy/en/news/lawsuit-threatens-€284-5m-pdo-halloumi-industry
Shortly before the completion of a year (July 22, 2022) since the agreement between the Ministry of Agriculture, producers, cheesemakers, and KEVE, and the implementation of the terms of the European Regulation in the halloumi production chain, it seems that Cyprus' protected cheese is facing new challenges....
https://knews.kathimerini.com.cy/en/news/russian-warning-sparks-black-sea-grain-export-tensions
Russia warned that from Thursday any ships traveling to Ukraine's Black Sea ports will be seen as possibly carrying military cargoes after Ukraine said it was setting up a temporary shipping route to try and continue its grain exports....
https://knews.kathimerini.com.cy/en/news/wheat-soars-2-14-russia-exits-deal
The price of wheat has increased for the third consecutive day, surpassing 2%, as of Thursday....
https://knews.kathimerini.com.cy/en/business/cyprus-shines-as-eu-s-strong-innovator-for-second-consecutive-year
Cyprus is once more placed among the EU's strong innovators for a second year in a row, according to the annual EU innovation scoreboard, marking a significantly faster performance than the EU average....
https://knews.kathimerini.com.cy/en/news/cyprus-neighbor-to-add-another-lane-for-gas-export
Partners in the Israeli offshore gas project Leviathan said on Sunday they would invest $568 million to build a third pipeline that will allow increased natural gas production and exports...
https://knews.kathimerini.com.cy/en/news/cyprus-unveils-culinary-brilliance-at-gastronomos-awards
The anticipation reached a fever pitch as Cyprus braced itself for the grand culmination of the year-long journey celebrating its prodigious producers....
https://knews.kathimerini.com.cy/en/business/halloumi-takes-a-bite-of-the-big-apple
Cyprus is making its mark in the international food market as it participates in the "Fancy Food Show" in New York. The country's halloumi cheese companies are taking center stage by sponsoring two European programs, "EU Delicious" and "Cheese U," with the goal of promoting Cypriot cheese globally....
https://knews.kathimerini.com.cy/en/news/cyprus-receives-funding-for-nicosia-motorway
The European Commission has announced a significant investment of €6.2 billion to co-finance 107 infrastructure projects aimed at promoting sustainable, safe, and efficient transport throughout the EU....
