The European Commission says it found recapitalisation and restructuring aid measures in favour of the cooperative banking sector in Cyprus to be in line with EU state aid rules.

Cyprus stands in 11th place in the Top of the Props chart published by the TheMoveChannel.com which records the most searched for overseas destinations to buy property.

Despite its recent financial crisis, TransferWise blog cites Cyprus as a country showing great potential in intellectual property and technology output.

The Volkswagen Cyprus Cycling Tour 2014 is a three day Road Cycling for All event that will take place on the island during March 2014 for a third year in a row.

Hotel prices in Cyprus have dropped to the lowest average price per night since January 2011, according to the February trivago Hotel Price Index (tHPI), reported monthly by hotel comparison website trivago.co.uk.

The Chairman of the Committee of the Cyprus Cooperative Central Bank (CCB) has expressed the need to put an end to the bad banking practices of the past that led the country's economy to its current state.

Cyprus Airways is set to begin talks with prospective investors, says chairman Tony Antoniou, but refused to give out detailsciting confidentiality.

25% of civil service employees on the island will have to be downgraded, says the World Bank in a report sought by the government as part of its structural modernisation plan.

The Labour Minister launches six new labour subsidy schemes to support employment in certain categories, by offering incentives to create 7,500 jobs for unemployed graduates and in the retail and tourism sectors.

The government aims to turn Cyprus into a regional centre for quality education through legislation attracting foreign post-graduate students, reveals President Anastasiades.