Greece is the main trading partner for Cyprus, (11% of trade volume), followed by Ireland (10%) and the UK (7%), according to statistical data released recently by Eurostat.

Bank of Cyprus' move to secure a premium listing on the London Stock Exchange (LSE) could be considered a turning point for Cyprus' largest lender, the bank's Finance Director Christakis Patsalides has said.

British Airways has announced a twofold increase in the number of daily flights from Larnaca to London Heathrow Terminal 5, from 7 to 14 per week.

Electricity prices fell 8% in March 2016 over the previous month, the Electricity Authority of Cyprus (EAC) said recently.

Noble Energy, Delek and BG (now owned by Shell) are close to announcing a natural gas development plan for the Aphrodite field.

Hellenic Bank Group posted net profit of €13 million for 2015, marking a turnaround from a loss of €118.6 million in 2014.

The government generated a fiscal surplus of €39.2m on a cash basis from January to February 2016, compared with a surplus of €3.4m a year before, mainly on increased revenue, the Finance Ministry said.

Bank of Cyprus, the island’s largest lender, said that it intends to pursue a premium listing at the London Stock Exchange, maintain its listing at the Cyprus Stock Exchange and have its stock de-listed in Athens.

Cyprus' exit from the economic adjustment programme marks a new day and new responsibilities, President Nicos Anastasiades said in a twitter message recently.

The European Commission announced recently that Cyprus has successfully exited its financial assistance programme after three years.