The circumstances and decisions that led to the collapse of Laiki Bank should be fully and thoroughly investigated by state independent investigators, Deputy Government Spokesman Victoras Papadopoulos said recently.

Bank of Cyprus shareholders are meeting in Nicosia to elect a new board of directors which will represent the new shareholder structure, following the €1 billion capital increase in August 2014.

The Cabinet has green-lighted government guarantees to the European Investment Bank (EIB) to the tune of €105m to finance small and medium sized businesses and middle capitalisation companies.

The Chambers of Commerce and Industry of Nicosia and Kiev have signed a memorandum of cooperation.

The Cyprus Airways (CY) board is preparing a plan to make the ailing company viable, Transport Minister Marios Demetriades said recently, but the government will not pour any more funds into the company.

A total number of 2,300 persons were granted Cypriot citizenship in 2012 according to data released recently by Eurostat.

The InterContinental Aphrodite Hills Resort Hotel has won 'Cyprus Best Golf Hotel’ and the Aphrodite Hills Golf has won 'Cyprus Best Golf Course' at the first-ever World Golf Awards 2014 ceremony which took place on 15th November 2014 in Algarve, Portugal.

Property prices continued to fall in the third quarter of 2014, with year-on-year values dropping by as much as 4-6%, according to the RICS Cyprus Property Price Index.

Professional associations and construction sector unions have banded together in an attempt to help revive the industry, hard hit by the island’s financial crisis.

Hotel prices in Cyprus have fallen the most in Europe for November 2014, according to a top international hotel price comparison website.