Cyprus and Bahrain have signed a series of agreements, including deals on tax issues, terrorism and crime, while Bahrain will also for the first time ever, accredit an ambassador to Cyprus.

The rate of inflation for February 2015 decreased by -1.4% compared to -1.3% in January 2015 and -2.6% in February 2014, according to the Statistical Service of the Republic of Cyprus.

At an event held at the Royal Hall venue in Nicosia, Gulf Air, the national carrier of the Kingdom of Bahrain, in cooperation with its representative in Cyprus, Orthodoxou Aviation Ltd, rewarded their partners for their 2014 level sales.

The Finance Ministry has submitted a bill seeking to lift a ban on the sale of loans to foreign banks and funds that parliament had passed in January 2015.

Cyprus expects to fully lift capital controls imposed two years ago before the end of Q1 2015, Central Bank Governor Chrystalla Georghadji said recently.

The details of the ECB's programme were unveiled recently by its President Mario Draghi, in Nicosia, after the Governing Council of the ECB concluded its meeting there.

With the arrival of Spring and the magic of the Cypriot landscape, the Cyprus Hotel Association is reminding locals of the attractive prices being offered for domestic tourism (November 2014 to March 2015).

Cyprus hopes to borrow on financial markets this year, the Finance Minister told Reuters recently, saying the island’s economy had more in common with bailout turnaround Ireland than Greece.

Energy, Commerce, Industry and Tourism Minister Giorgos Lakkotrypis recently held meetings in Berlin with representatives of major air carriers and tour operators of Germany, on the sidelines of the international tourist fair ITB Berlin 2015.

Unemployment in Cyprus dropped 5.6% in February 2015 according to the Statistical Service.