To boost economic growth, the CSE is adopting a new strategy focusing on the further development of enterprises through its market mechanisms.

DIKO votes to leave the government coalition over disagreements with the President concerning the terms for the resumption of peace talks.

Hellenic Bank continues to be at the top of the Reliability Index in a comparison of 10 Credit Institutions operating in Cyprus, according to a RAI Consultants survey.

Cyprus' shipping remains strong, despite the shock caused in the country’s economy, Communications and Works Minister Tasos Mitsopoulos says.

The Energy Minister says the contribution of tourism to Cyprus’ economy was more than valuable in 2013, with revenue from 2.4 million tourists reaching €2.1 billion, recording an increase of 9% compared to 2012.

More than 13,000 families in Cyprus are living below the poverty line, who are forced to survive with the help of local food kitchens and other volunteer activities according to the Volunteer Commissioner.

The Finance Minister promises hoteliers to do everything he can to help boost ailing winter tourism, including tax incentives, and a possible reduction in airport landing charges for specific periods.

The Aristotelis project, a ministry-endorsed initiative by a private publishing firm to create electronic versions of schoolbooks as study aids, will now be offered free-of-charge, it was announced recently.

The IMF favours postponing the full implementation of the National Health Scheme (NHS), according to an internal note by the Health Ministry, proposing instead a gradual implementation due to the fragile economy.

Cyprus is a destination where central Europeans choose to prepare for other races early in the season, due to its agreeable climate and trails giving many a break from ‘winter’, says the website.