The Central Bank of Cyprus (CBC) definition of non-performing loans is still a headache for the association of bankers who discussed their concerns with technocrats from the troika of international lenders.

Non performing loans by commercial banks and the co–operative sector inside and outside Cyprus stood at €25.24 billion by September 30th 2013, according to figures published by the Central Bank of Cyprus.

Valued at €620 on the open market, the bitcoin is gradually creeping into more services and establishments in Cyprus, while the authorities are still pondering whether to regulate the virtual currency as a in certain forms but not the trade of the Bitcoin itself.

Cyprus Energy Minister said that the interim solution for the arrival of natural gas for energy production is expected to be clarified by March, when the proposals will be submitted by the companies concerned.

What Cyprus' financial sector needs to resolve the problems it is facing is an investment in the BoC, says Chairman of Cyprus National Economy Council and Nobel prize winner Christoforos Pissarides.

At the recent 28th Session of the International Maritime Organization (IMO) Assembly in London, Cyprus was re-elected to the Council of the Organization, the body responsible for supervising and coordinating the Organization’s work.

Students from Cyprus were once more among the highest performing students globally in the latest ICAEW ACA exams for 2013.

The Minister of Health, receives Cuban Ambassador to Nicosia, Aramis Fuente, and they talk about the possibilities to strengthen bilateral links in the health sector.

The European Commission opens an in-depth investigation to verify whether Cyprus' plans to support the restructuring of Cyprus Airways with €102 million are in line with EU state aid rules.

In an effort to enhance coordination with the network of commercial attaches serving in the Republic’s diplomatic missions abroad, the Cyprus Investment Promotion Agency (CIPA) organises online seminars (webinars).