The Energy Minister reaffirms the government’s commitment to constructing a natural gas liquefaction terminal, and notes that the new cabinet will be called on to make very important decisions.

An award-winning winery set in the heart of Paphos’ wine-producing region is in the midst of expanding its operations by opening a wine bar at its impressive new facility in time for Easter.

Ministers of Education, Health and Defence say they have suspended their active membership in the DIKO party over differences with the leadership.

The new cabinet expected to be appointed soon will be making important decisions as regards plans for a future LNG plant says Energy Minister Yiorgos Lakkotrypis.

President Anastasiades will visit Berlin in May where he will have substantial talks with German Chancellor Angela Merkel.

The dependence of the Cypriot banking system on the Emergency Liquidity Assistance remained unchanged in January at €9.55 bln, with a marginal decrease of €90,000 since December 2013.

Cyprus tourism and business sectors hold up reasonably well despite overextended banks and hurting economy.

A permanent 8% reduction on the basic tariffs of electricity has been announced by the Cyprus Energy Regulator CERA.

Indian High Commissioner Ravi Bangar has expressed interest in the privatisations process at a meeting with the Minister of Communications.

Job prospects in the air transport industry are said to be positive, as according to experts, air traffic in Europe will increase by 5% in the next decade, a significant development for Cyprus.