Cyprus inflation for January 2014, as measured by the Harmonized Index of Consumer Prices (HICP) decreased at a rate of 1.6% according to data released recently by the Statistical Service.

The government will revise its privatisation plans if the cash it needed to raise magically appeared, Finance Minister Harris Georgiades tells lawmakers, but it will not back down on its decision to denationalise certain organisations.

Energy Minister Giorgos Lakkotrypis says Cyprus is going ahead with its plans to build an LNG terminal and that Noble Energy’s talks in Turkey with major energy firms did not affect those plans.

Danish Prime Minister Helle Thorning-Schmidt recently congratulated President Nicos Anastasiades on his personal efforts to “make this change” and end the island’s long-standing division.

New hospital fees introduced last August brought in about €12m to state coffers in the first five months of the plan, which could expedite plans for a much-delayed National Health Scheme.

A substantial leisure project with a hefty price tag of around €7 billion is being proposed for Yeroskipou in Paphos by a conglomerate of foreign investors.

Cyprus is on the road to a new economic miracle, says President Nicos Anastasiades, praising Cypriot export firms for contributing crucial liquidity to the economy.

Ocean Rig UDW Inc. an international contractor of offshore deepwater drilling services, with headquarters in Cyprus, announces its unaudited financial and operating results for the fourth quarter 2013.

CySec has released an official statement to Cyprus Investment Firms and UCITS management companies regarding the incongruences of EMIR regulatory matters with regards to forex, coupled with trade repository lapses.

The Minister of Energy discusses the recent hydrocarbons discoveries in Cyprus’ EEZ, as well as the government planning in the energy sector in a meeting with the President of the party 'Citizens Alliance' Yiorgos Lillikas.