With focus on implementing its growth and value-adding strategy, CyTA has decided to enter the highly competitive mobile telephony market in Greece via its Greek subsidiary, the semi-state telecoms company has announced.

Former IMF chief Dominique Strauss-Kahn is to submit proposals for the forthcoming issue of government bonds, as well as the issue of foreclosures, to the government, the Cyprus News Agency (CNA) reported recently.

Bank of Cyprus (BoC) said recently it had completed the sale of a hotel in Romania for €95 million.

For average temperatures above 26 degrees celsius and the cheapest flights in October 2014, look no further than Cyprus' Larnaca airport, says research by Kayak.co.uk

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.