The Eurogroup gives the green light to release €600m to Cyprus, the fifth tranche of the island’s bailout package, as it meets the requirements of its economic reform programme.

Cyprus' Council of Ministers recently approved the Guaranteed Minimum Income (GMI) Scheme of €480 per person, as part of the social welfare system reforms.

The island, after more than three years, is again in a position to finance its needs by borrowing from the international financial markets, President Anastasiades said recently, noting that this was achieved through coordinated and systematic efforts.

With a short ceremony held at Larnaca airport to mark five years in Cyprus, the General Manager of Etihad Airways thanked passengers for choosing the national airline of the UAE for both business travel and leisure purposes.

Individual per capita consumption in Cyprus in 2013 reached 92% of the European Union average, figures released recently by Eurostat show.

The Bank of Cyprus’ emergency liquidity assistance (ELA) declined by €170 million in May 2014, recent figures released by the Central Bank of Cyprus show.

The recent €750m eurobond issue was a decisive step towards a “systematic” return to international markets after a three-year exclusion, says the Finance Minister.

Contact details for the key stakeholders in the medical tourism sector in Cyprus.

CyprusProfile asked four key stakeholders about the importance of developing a strong medical tourism sector in Cyprus.

Cyprus offers a secure, legally transparent and attractive base for international business operations. Explore our list of key advantages that continue to attract investors to the island.