Turkish Cypriot EU halloumi woes

Turkish Cypriot cheesemakers say they have been squeezed out, as the island’s iconic cheese halloumi comes under the shield of the European Union as a product of Protected Designation of Origin (PDO).

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Hike in building costs threatens recovery

Real estate and construction stakeholders want the government to soften the blow delivered by an “abnormal” increase in construction costs, warning that development could screech to a halt. A leading developers’ lobby

Cyprus forex shaken by trading fraud

Cyprus’ forex industry has been rattled by €15 mln trading fraud, forcing two Limassol-based firms out of business, while more than 2,000 people employed have lost their jobs in recent weeks. Industry

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KEAN juices big in China

KEAN is an ever-present in the HORECA sector for juices and soft drinks in traditional Cyprus coffeeshops to five-star hotels, but China has also grown a taste for it. Cypriots are not

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Tourism reboot for 2022

The Ministry of Tourism is putting everything into boosting the island’s seasonality to salvage what’s left of another coronavirus-battered year while laying the groundwork for a strong restart in 2022. Encouraged by

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‘Generous’ incentives to buy electric

Cyprus is taking another step towards clean mobility as authorities gear up to launch an attractive €10,000 incentive package to encourage motorists to scrap their old petrol cars for a new environmentally-friendly

Cyprus may miss out on EU millions

Time is running out for Cyprus to fulfil its European Commission obligations for the next instalment of €85 mln from the EU’s Recovery and Resilience Fund, with officials urging MPs to pass

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