Fitch Ratings upgraded Cyprus’ long-term foreign and local currency issuer default rating by two notches to B+ and placed it on positive outlook citing fiscal over-performance.

China Ocean Shipping Company’s (COSCO) interest in Limassol port secured President Nicos Anastasiades an invitation to address a business audience in Beijing and Shanghai.

Hermes Airports has increased its passenger numbers so far this year despite the collapse of Cyprus Airways and the drop in the number of Russian tourists visiting the island, the company’s new chairman Panayiotis Hadjipantelis told the press.

Non Performing Loans (NPLs) at Cypriot banks remained stable in August 2015, Central Bank figures showed recently.

Cyprus' deficit was 8,9% of GDP in 2014 and government debt was 108.2% of GDP, according to new figures published by Eurostat.

PiraeusCEO George Appios says there has been a significant increase in Greek interest in Cyprus.

With the September 2015 unemployment figures showing the first real drop since March 2013, recruitment experts say that interest is growing in all areas, albeit slowly in some, but the forex trading and financial services sectors seemingly driving the new momentum.

The Industrial Turnover Index for July 2015 reached 88,1 units (base 2010=100), recording a decrease of 3,6% compared to July 2014.

The Bank of Cyprus reduced in September 2015 its dependence on the Emergency Liquidity Assistance (ELA) by €500m from €4.9b in August, according to figures released recently by the Central Bank of Cyprus.

Finance Minister Haris Georgiades has described the 2016 state budget and the medium-term plan 2016-18 as balanced, without new taxes and with targeted increase in development expenditure.