The Eastern Mediterranean region, including Turkey, Cyprus, Israel, Egypt, Jordan, Lebanon, “will be able to work together to get to a point of cooperation/collaboration for exploiting their resources”, Special Envoy and Coordinator for International Energy Affairs leading the Bureau of Energy Resources at the US Department of State Amos Hochstein said recently.

Aegean Airlines said recently it was starting daily flights from Larnaca to Tel Aviv from the end of March 2015 and was resuming flights to Kiev in Ukraine at the same time.

A Troika technical mission is set to return to Cyprus on January 27 for the sixth review of the financial assistance programme, an IMF source said recently.

Songa Delta, headquartered in Limassol released a fleet update for December 2014.

More than 4,000 properties were sold in Cyprus in 2014, a significant rise in comparison to 2013 and the first since 2010.

Cyprus-based software developer Infoscreen is vying for the Cyprus National Champion title in this year’s European Business Awards, online votes for which have started and the results will be announced on March 3, 2015.

In the wake of President Nicos Anastasiades’ statement conceding to discuss the issue of hydrocarbons as part of the Cyprus problem negotiations, Turkey issued a new NavTex (navigational telex) reserving areas in the eastern Mediterranean – parts of Cyprus’ exclusive economic zone among them – from January 6 to April 6, 2015.

The last bill of the insolvency package is ready and it is in the hands of the Troika for scrutiny, Finance Minister Harris Georgiades said recently.

The Cyprus Stock Exchange (CSE) will include Bank of Cyprus as a constituent in its CSE General Index and CSE Main Market indices from January 9, 2015, by using a capped free-float methodology to stop the bank from dominating the indices.

Consumer prices fell an annual 1.4% last year which is a historical low for Cyprus, on declining energy prices while defying the impact of recent consumer tax hikes, the statistical service said recently.