The Central Bank of Cyprus (CBC) has decided to ease loan terms and conditions as both retail banks and government have been requesting this for a while in order to inject more money into the economy.

Cyprus is trying to secure one last disbursement of bailout funds from the International Monetary Fund, before its financial assistance programme expires at the end of March 2016, Finance Minister Harris Georgiades told the press recently.

Cyprus has launched an invitation for an expression of interest (EoI) in the exclusive license to use/exploit the logos and trademarks of Cyprus Airways (CA), one year after the liquidation of the island's former national air carrier.

The Ministry of Finance announced that it has issued 7-year government bonds amounting to €221.9 mn with a yield of 3.23%.

Chairman of the Cyprus Stock Exchange (CSE), Marios Pilavakis, announced that the CSE became a full member of the Federation of Euro-Asian Exchanges following a unanimous decision of the Federation members.

Intership Navigation Co, a first class ship owning and management company based in Limassol has been awarded the Investors in People ‘Bronze Standard’, demonstrating its commitment to realising the potential of its people.

Α significant reduction in deflationary trend was recorded in December 2015, with the Harmonized Index of Consumer Prices recording the smallest drop in the past 13 months.

Cyprus is likely to successfully complete its bailout programme and receive the last tranche of international aid by the end of March 2016, a senior euro zone official said recently, a move expected to lower the country’s borrowing costs.

2016 is the year for delivering energy union and Cyprus can play an important regional role, EU Vice President and Commissioner for Energy Union Maros Sefcovic said recently.

The European Bank for Reconstruction and Development (EBRD) has brought its 'Grow Your Consulting Business' training series to Cyprus.