IMF chief Christine Lagarde has reassured President Nicos Anastasiades of the organisation’s support in Cyprus’s efforts to implement its aid programme.

Two days short of the second anniversary of the fatal blast at the Mari Naval Base, the EAC announced that the power station was almost working at full capacity.

Finance Minister Harris Georgiades said yesterday there had not been any delays in the implementation of Cyprus’ bailout adjustment programme but some practical difficulties would be tackled in co-operation with EU partners.

With the appraisal underway in Cyprus' block 12 to confirm natural gas deposits and exploration partners keen to develop a land-based liquefaction plant for exports, the Cyprus labour market will gradually shift to more construction and engineering jobs.

Minister of Finance Harris Georgiades is determined to bring stability back to the banking sector and safeguard the trust of the international business community.

Cyprus passes law to allow designated security zones around oil and gas installations in its Exclusive Economic Zone.

Cyprus government announces measures to ensure banks and their clients reach fair compromise in restructuring existing loans.

Cyprus will overcome the financial crisis, says President Anastasiades.

To further enhance the shipping infrastructure, the Cyprus Shipping Chamber has signed an Alliance of Cooperation with the Cyprus University of Technology to boost cooperation and to set up a marine engineering course.

Cyprus House President Yiannakis Omirou and a parliamentary delegation visited Moscow at the invitation of the Chairman of the State Duma Sergey Naryshkin.