Communications and Works Minister Marios Demetriades has said that growth would be pursued through projects with private investments, such as the privitisation of Limassol Port and the unification of the mobile telephony network.

The Ministry of Agriculture is continuing efforts in the direction of the EU and third countries to achieve the greatest possible export of agricultural products and support the producers affected by the Russian embargo.

The Supreme Court is to fast-track the repossessions-related bills referred to it due to the gravity of the situation, its president said recently.

The government said recently it was doing its best to limit anyfallout from the foreclosures debacle as the Eurogroup meets to discuss the island’s progress in implementing its adjustment programme.

Egyptian President Abdel Fattah el-Sisi has issued a presidential decree with which he approves the ratification of the framework agreement with Cyprus on the joint exploitation of hydrocarbon reserves.

President Nicos Anastasiades called for unity recently, stressing that the challenge of getting the economy back on growth track is not just for the Government, but for the political parties as well.

The Cyprus Energy Regulatory Authority (CERA) has released a report it had commissioned in early 2013 to conduct a study regarding the remodeling of the electricity market in Cyprus.

Hellenic Bank was ranked the Safest Bank in Cyprus for 2014 in a survey by ‘Global Finance Magazine'.

The cabinet recently approved proposed legislation that aims to reform the entire health system, as it pushes ahead with the implementation of the national health scheme.

Ryanair's chief executive said recently the Irish low-cost airline plans to pursue a takeover of Cyprus Airways, with the aim of setting up a hub to serve the Middle East.