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.

Emirates unveiled plans to boost capacity to Athens with the addition of a second daily flight to theGreek capital via Cyprus from 1 March 2016.

Cyprus foreign trade deficit was reduced by €353 mn during the period from January to November 2015, compared to the same period in 2014, according to provisional data released by the Statistical Service of the Republic of Cyprus (CyStat).

Cyprus has raised €75 mn in a government bond auction, according to a statement from the Public Debt Management Office.

Construction works for the new Ayia Napa marina are expected to start in the beginning of April 2016, Mayor Yiannis Karousos announced recently.

A newly released internationally acclaimed qualification for accounting and business skills is now offered in Cyprus by the European Institute of Management and Finance (EIMF) in collaboration with the Association of Accounting Technicians (AAT), a UK based organisation member of the International Federation of Accountants (IFAC).

As we enter 2016, potential gas exports from the East Med are again attracting attention, according to hydrocarbons business consultant Charles Ellinas.