Energy Minister George Lakkotrypis resigns as a member of DIKO, in disagreement with the party’s recent decision to leave the government coalition.

Bank of Cyprus, the lender which was recapitalised by bailing in depositors last year, posted a full-year loss of €2.04 billion for 2013, narrowing from a €2.21 billion loss in 2012.

The Transport Sector recorded a decrease of 3% in 2013, compared to 2012, according to data released by the Statistical Service of Cyprus.

The gender pay gap in Cyprus shrank noticeably and, along with Greece, recorded a better performance than the average of the EU.

Revenue from tourism recorded a significant rise of 8% or €154.7 m in the year 2013, reaching €2,082.4 m, from €1,927.7 m in 2012, according to data released by the Statistical Service of Cyprus.

New vessel 'EDT Kennedy' of the EDT Offshore group is christened at a ceremony in Limassol, during which Minister of Communications and Works said the ports were vital to the economy and should be protected.

Cyprus CCB, the Finance Ministry and the European Stability Mechanism sign an agreement to inject €1.5 billion to island's Cooperative Sector.

The financial climate improves for the tenth consecutive month in February, according to a study by the University of Cyprus Economic Research Centre (ERC).

Following the withdrawal of DIKO from the coalition government, the entire cabinet submits its resignation but the President asks them to remain in place until March 15.

Cyprus parliament rejects the crucial privatisation bill, jeopardising the fourth tranche of a bailoutpackage from the Troika of international lenders.