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241. 'US position on EastMed project has no political aspect', -Erika Olsen [VIDEO]

US Deputy Assistant Secretary of State for European and Eurasian Affairs, Erika Olson, has told the Cyprus News Agency (CNA) that there is no political aspect in the US position on the EastMed pipeline project, adding that her country favors projects that will enable the clean energy transition and connect energy markets in the Eastern Mediterranean....

242. Op-ed: Beyond the EastMed pipeline

The US decision to shift its focus from the EastMed gas pipeline to regional electricity interconnectors is an opportunity for Greece. The pipeline has always been a long shot, and the case for pursuing it may have run its course. Greece now has a chance to reframe the dialogue around energy and climate change in the region, and it should seize it....

243. Cypriot economy will continue to recover output lost during 2020

The Cypriot economy in 2021 recovered the output lost during the 2020 COVID crisis and will continue to grow with an average 3.7% in the years 2022 – 2024, the Central Bank of Cyprus expects, according to its economic bulletin, stressing that risks to the baseline scenario are balanced albeit slightly upside concerning inflation....

244. What's left for the Turkish Cypriot economy after 2021

Shortly before the pandemic began, Turks and foreign analysts warned of the effects of the Erdogan government's wrong moves and decisions on the economy....

245. Turkish lira resumes slide to 17.5 against the dollar

The Turkish lira continued its freefall after President Recep Tayyip Erdogan rejected warnings from businesses about the dangers of recent interest rate cuts and vowed there was “no going back” from his approach....

246. Turkish lira blows through 15 to dollar ahead of rate decision

The Turkish lira dropped to an all-time low beyond 15 against the dollar on Thursday ahead of another expected interest rate cut by the central bank, which has fallen in line with President Tayyip Erdogan’s risky new economic program....

247. Tatar puts up new fight for squeaky cheese

Turkish Cypriot leader Ersin Tatar is taking to task European Union decisions on halloumi/hellim, the island’s famous cheese, saying they favor Greek Cypriots and leave their counterparts in the north at the mercy of inspectors approved by the south...

248. Why Europeans are facing a 'heavy winter'

Europe 's households are facing much higher energy bills in winter due to rising global energy and gas prices, and consumer organizations have warned that the most vulnerable could be hit by energy poverty....

249. US Ambassador toured Limassol port yesterday

US Ambassador to Cyprus Ms. Judith Garber visited Limassol port yesterday to tour the facilities of the Eurogate container terminal....

250. Biden taps close advisor as energy plots thicken

US State Secretary Antony Blinken has appointed a businessman and former lobbyist as energy security envoy, signaling a new strategic focus in Washington in the aftermath of thorny geopolitics over Nord Stream 2 and unresolved issues relating to the eastern Mediterranean...

251. Anastasiades: Cyprus won't hesitate to veto EU-Turkey customs union

252. Adoption of halloumi PDO by mid-April, EC spokesperson says

The adoption and publication of halloumi and hellim as a Protected Designation of Origin (PDO) product is expected mid-April, Miriam Garcia Ferre, European Commission spokesperson for trade and agriculture said Tuesday....

253. Cyprus wraps up cheese that grills

Cypriot President Nicos Anastasiades says the registration of halloumi and hellim with the European Union is “to the benefit of all Cypriot producers, Greek and Turkish” following Monday’s designation for the famous cheese that grills but not without protests on both sides...

254. EU pledges to keep AstraZeneca doses in the bloc for now

The European Union will ensure that coronavirus vaccines produced by AstraZeneca within the bloc stay there until the company returns to fulfilling its delivery commitments, Internal Market Commissioner Thierry Breton said on Friday. ...

255. 'I trust AstraZeneca', EU chief says

The European Union’s chief executive criticized Anglo-Swedish vaccine-maker AstraZeneca on Wednesday, accusing the embattled pharmaceutical company of delaying Europe’s coronavirus vaccination campaign and warning that the EU is weighing export bans to ensure supplies....

256. Study detects 37 different Covid strains among Cyprus samples

A strain of the SARS-CoV-2 virus, named B.1.258, is currently the most prevalent in Cyprus, according to a scientific study conducted for the analysis and course of the coronavirus in Cyprus. The study notes that since December 2020, this strain is responsible for 90% of infections in Cyprus....

257. Halloumi producers concerned over slowing exports

Producers of the traditional Cypriot cheese halloumi saw a reduction in the growth of their exports, as orders have been cancelled and quantities left undelivered as a result of the tight grip of restriction measures across the EU....

258. EU scrambles for supply amid vaccine clatter

Cypriot EU Commissioner Stella Kyriakides says AstraZeneca’s revised schedule for delivering fewer doses of the COVID-19 vaccine in coming weeks is “not acceptable” while the European Ombudsman embarks on an investigation into vaccine contracts...

259. US Homeland Security secretary in Cyprus for two-day visit

US Acting Secretary of Homeland Security Chad Wolf was expected for a two-day visit in Cyprus starting on Monday, before heading off to Bahrain and Qatar for talks with regional counterparts on bolstering security cooperation and information sharing....

260. Cyprus energy designs unaffected by Turkey's provations, President says

Cyprus President Nicos Anastasiades said Tuesday that that the Republic, as a sovereign and independent state and despite Turkey’s provocations, threats and illegal activities, is determined to go ahead with the implementation of its energy policy....

261. Anastasiades participates in prep meeting ahead of EUCO

With the European Council coming up next Wednesday and Thursday, President Nicos Anastasiades participated in a preparatory videoconference hosted by European Council President Charles Michel to discuss issues on the agenda, which is also expected to include a discussion of the potential imposition of sectoral sanctions against Turkey....

262. Obama offers piece of the puzzle in Greek debt crisis

Apart from providing key insights into a special (in many respects) presidency, Barack Obama’s memoir contains some very interesting references to the Greek debt crisis and the way in which the major European powers chose to deal with the situation....

263. Greece asks EU countries to halt military exports to Turkey

Greece has asked fellow European Union countries to halt military exports to Turkey, the country's foreign minister said Tuesday, amid a deepening dispute between the two neighbors over maritime boundaries in the eastern Mediterranean....

264. Pandemic's impact on tourism poses significant risks to Cyprus economy

The European Commission’s summer economic forecast expects significant risks to the Cyprus economy as a result of the coronavirus pandemic’s impact on the tourism sector, which is predicted to see just 25% of last year’s revenues and high unemployment....

265. Chloroquine hype begins to wane

More doubts over chloroquine emerged this week, with new studies pointing to high risks and a US top health official saying he was fired after being pressured to direct money towards the “game changer” drug...

266. Bill sparks kosher debate in Cyprus

Animal rights advocates are up in arms over a new government bill that would allow slaughterhouses in the Republic of Cyprus to incorporate kosher rituals, a procedure described by animal rights activists as inhumane...

267. Cyprus in the mix as world seeks cure

An Israeli military aircraft has delivered five tons of chloroquine to Cyprus this week, amid reports of secret wars over limited access to the drug but also uncertainty over its effectiveness in the fight against the coronavirus pandemic...

268. President: Partial lockdown of airports, schools to remain closed until April 10

President Nicos Anastasiades addressed the nation on Friday night after the week saw cumulative confirmations of coronavirus cases across the divide....

269. Turkish clothes makers see orders shifting from coronavirus-hit China

Several fashion retailers that manufacture clothing in coronavirus-hit China are in talks with Turkish firms about shifting production to Turkey, two sector officials told Reuters, with one predicting new orders worth up to $2 billion....

270. 2020 year of ‘slowbalisation’

Global economic growth in 2020 is expected to grow at a rate of around 3.4% in purchasing power parity terms,according to new projections by PwC, compared to its long-term average of a 21st century average of 3.8% per year...