Private-sector deposits declined slightly in Cypriot banks in January, but still reflected broad stabilisation after 17 months of falls starting in June 2012.

The Council of Ministers approves the participation of the Republic of Cyprus in the first European programme for renewable energy sources in the armed forces of European Defence Agency member states.

Cypriots display a lack of trust towards European and national institutions, according to the latest Eurobarometer survey, giving the first place of their mistrust to political parties, with 91%.

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.