Cyprus` trade deficit deteriorated as imports increased, while exports recorded a drop during the first four months of the year, data released by the Cyprus Statistical Service published recently shows.

A further €30 million will be paid out to farmers within the framework of the Programme of Agricultural Development 2014-2020, the Cyprus Agricultural Payments Organisation (KOAP) has announced.

The Cyprus-based TUS Airways: 'The Ultimate Schedule' continues to grow, expanding its fleet with the addition of two Fokker 100 Jets.

Cyprus has achieved to a very large extent the implementation of a large number of Sustainable Development Goals of the UN Agenda 2030, it was announced recently.

European Union Competition Commissioner Margethe Vestager recently welcomed steps taken by the Cypriot authorities to make the legislative framework on the tax treatment of financing companies more stringent.

At the recent annual general meeting of STEP Cyprus, the local branch of the Society of Trust and Estate Practitioners, Philippos Aristotelous, partner in the firm’s private client and tax departments, was elected as a member on the board of directors of STEP Cyprus.

Cyprus’ debt stood at €19.3 bn in May 2017, unchanged from the beginning of the year, the Public Debt Management Office (PDMO) has said.

A construction boom is taking place in Cyprus, boosting the country’s economy as it seeks to distance itself from the Troika-imposed bailout days.

Home prices rose 4.1% year-on-year in the first quarter of 2017, and dropped a quarterly 1.4%, the statistical service said.

Several successful promotional activities have given the Ayia Napa Marina wide international acclaim, attracting growing interest from international investors and buyers.