The Electricity Authority of Cyprus (EAC) pension fund managing committee will decide whether or not to renew the €100 million loan it granted the Cyprus government, which expires shortly.

Moves to connect rural areas with the internet over the next three months and develop a wireless access network through hotspots across Cyprus, are being promoted in Cyprus with EU funding.

Auditor general, Chrystalla Georghadji, an anti-corruption watchdog, has been appointed Central Bank governor to replace Panicos Demetriades who recently resigned unexpectedly.

Economic output contracted by 0.8% in the last quarter of 2013 compared to the third quarter of last year, when the economy shrank by 0.9%.

The Governor of the Central Bank of Cyprus, Panicos Demetriades, submits his resignation to the President, which was accepted, says the government.

A study, the preliminary results of which were presented at the Ministry of Health, in Nicosia, shows that there is still room for improvement as regards AIDS related awareness in Cyprus.

The CySEC calls on all the organisations it oversees to comply with an EU regulation on the freezing of assets of legal or natural persons to do with the misappropriation of Ukrainian state funds.

More than 95% of vehicle owners have renewed their road tax, with authorities expecting to net an extra €10 million this year because of a special levy.

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.