Cyprus’ public sector environmental protection expenditure for 2012 is estimated at €89.3 million or 0.50% of the GDP, according to data the Cyprus Statistical Service released recently.

Cyprus’ economy contracted 1.0% in the last quarter of the year on a quarterly basis, flash data showed recently, leaving a yearly contraction of 5.3%.

Turkey's Energy Minister Taner Yildiz praised the efforts of both sides in Cyprus who revived the peace talks after a 2 year stalemate, expressing his hope this would facilitate energy projects in the region.

The Ministry of Communications and Works aims to further improve Cyprus’ air connections with third countries and increase the competitiveness of Cyprus’ tourist product.

Cyprus President Nicos Anastasiades is paying the Vatican City an official visit.

The Greek Cypriot side has “completely achieved” its objectives through the common declaration, that has been agreed with the Turkish Cypriot side, says Cyprus President Nicos Anastasiades.

The UN Security Council has said it hopes the two sides in Cyprus would take advantage of the new round of talks that has just begun to reach a settlement.

Nicosia Municipality will be paying half the cost of energy checks, which will be carried out in 25 homes in the capital as part of a new action plan to widen the use of renewable energy sources.

The cabinet approves a bill on privatisations for SGOs with the ministers belonging to coalition partners DIKO abstaining over a disagreement on the provisions.

Cyprus Cooperative Central Bank has announced a voluntary retirement scheme aiming at reducing the number of employees of the Cooperative Credit Institutions (CCIs) by 300.