Cyprus recorded a rate of deflation in 2013 of -0.4% for the first year since 1964, according to recent data published by the Cyprus Statistical Service.

Deposits in the Cyprus banking system declined by €138.5 mln in November 2013 to €46.17 bln, figures released by the Central Bank of Cyprus show.

By mid-2015, thirty-three Green Points for the collection of prunings and bulky refuse will have been set up across Cyprus, according to the Minister of the Interior.

Cyprus’ Limassol Port is set to undergo further expansion with the 500-metre extension of its western basin quay as part of a €60 million expansion project.

A report by the Association of British Travel Agents (ABTA) heralds the recovery of Cyprus as a tourist destination, following the disruption caused by last spring’s decisions of the Eurogroup regarding the island’s economy.

Cyprus’ co-op banks won’t be able to lend money before the end of winter when the ailing movement’s restructuring plan gets approved paving the way for its recapitalisation.

Noble Energy, aware that discovered reserves in Block 12 are insufficient for an onshore liquefied natural (LNG) plant, has reportedly proposed other means of exporting Cypriot gas.

The Sokoto State government recently announced plans to sponsor 200 students selected from across local government areas in the state to pursue various degree programmes in Cyprus and Pakistan.

Completing 15 years in Cyprus and Greece, ActionAid holds a three day event, featuring a photograph exhibition and a documentary screening on Ethiopia.

The average gross monthly earnings in Cyprus for Q3 of 2013 have decreased, according to new figures released by the Statistical Service.