Cyprus’ trade deficit reached €4.98 billion in the January-August period, down 18.5 per cent compared to €6.12 billion in the same timeframe last year, according to a report by the Cyprus Statistical Service (Cystat).

Cyprus won the “Destination Award” at the Routes World Airline Conference, held in Bahrain from October 6 to 8, as its global reputation in air connectivity grows, the deputy Ministry of Tourism said.

The Bank of Cyprus on Monday officially resumed trading on the main market of the Athens Stock Exchange (ATHEX) after a seven-year absence.