Cyprus won’t let Turkey sink its energy search

Cyprus’ energy exploration strategy will go ahead as planned despite Turkey determined to block such moves, President Nicos Anastasiades said. He argued that bowing to Turkey’s gunboat diplomacy would be tantamount to

Halloumi debacle made in Cyprus

Government officials and dairy producers have agreed to disagree on how best to protect Cyprus’ famous cheese because there is no consensus on the traditional recipe. Although agreeing to move forward with


Cash-rich banks stockpiling real estate

Cash-rich banks are stockpiling properties as they turn to buy real estate linked to mortgages of defaulted borrowers as banking institutions dominate the property market. After acquiring properties through debt to asset


Own goals from bad decisions

Two extraordinary meetings held at the Presidential Palace this week highlighted once again the meddling of political parties in matters of national importance. Protecting football and halloumi have deteriorated so badly that


Cyprus signs €240 mln French missiles contract

Cyprus has ordered French surface-to-air Mistral missiles as well as Exocet anti-ship missiles in a €240 mln arms deal, the Defence Ministry confirmed on Friday. French newspaper La Tribune reported the missile

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