Newspaper article featuring European cheese (4)
I believe the answer is:
feta
'cheese' is the definition.
(type of cheese)
'newspaper article featuring european' is the wordplay.
'newspaper' becomes 'FT' (Financial Times newspaper).
'article' becomes 'a' (English indefinite article).
'featuring' means one lot of letters goes inside another.
'european' becomes 'E' (abbreviation e.g. EU).
'ft'+'a'='fta'
'fta' going around 'e' is 'FETA'.
(Other definitions for feta that I've seen before include "Goat's or sheep's milk cheese" , "Low-fat cheese" , "Salty goat or sheep milk cheese" , "Greek dairy product" , "Greek salad cheese" .)