The next visit to Cyprus by the Troika (IMF, ECB and EU Commission) for the sixth review of the programme will take place in early December 2014.

The number of applications submitted to the Department of Registrar of Companies and Official Receiver for the registration of new companies recorded an increase for the eighth consecutive month in October 2014.

Londa Beach, Limassol’s first boutique hotel, is proud to announce that it has recently joined the elite ranks of Small Luxury Hotels of the World™, with over 520 hotels in 80 countries, all chosen for their unique character, personal service and memorable experiences.

The government posted a €219.1 million fiscal surplus in the third quarter of the year, compared with a €83.5 million deficit a year before, on a strong rise of revenue accompanied by a considerable reduction in spending, the statistical service said recently.

Eurozone finance ministers approve handing out the next tranche of bailout loans for Cyprus after the country met the last two conditions for the payout.

The Famagusta tourism agency expects a 15% to 18% increase of tourists from the UK next season in 2015.

Construction work and sales at 'The Oval', the new exclusive commercial building being developed in Limassol by Cybarco Development Limited, are progressing at a very good pace with total sales reaching 25%.

The United States government has not proposed tabling hydrocarbons in the Cyprus peace talks, Energy Minister Giorgos Lakkotrypis said recently.

Israel said recently it supported attempts by Cyprus to carry out natural gas exploration offshore, in spite of objections from Turkey challenging the endeavour.

Eurozone finance ministers are set to approve the disbursement of the next tranche of bailout loans for Cyprus after the country met the remaining two conditions for the payout.