Tseri’s new solar park in the Nicosia district is set to open in October as part of the EAC’s commitment to significantly reduce CO2 emissions, says authority spokesman Costas Gavrielides.

Benefits from the hydrocarbons reserves discovered in Cyprus off-shore blocks will be three-pronged says the Energy Minister, referring to short term benefits, the exploitation of reserves and long term advantages.

EasyJet announces that it has launched direct flights from Larnaca to Basel in Switzerland beginning April 1, 2014.

Bank of Cyprus says it is positively viewing a revised offer to sell its Ukrainian subsidiary to Alfa Group, although the price is thought to be lower than initially agreed.

Minister of Finance Harris Georgiades clarified that there is no possibility of a haircut of the Cypriot debt, expressing absolute confidence that Cyprus' debt is sustainable.

A Russia House has opened in the coastal town to bring together entrepreneurs and act as a bridge to further develop relations between Cyprus and Russia.

Cypriot ten-year bond declines to the lowest point since March 2012, reflecting the improvement in the economy's fundamentals and public finances.

The rate of inflation for March 2014 decreased by 2.3% compared to -2.6% in February 2014 and 1.1% in March 2013.

The Digital Ship Cyprus Conference will officially commence on 9 April 2014 in Limassol, dealing with information and communication technologies that relate to the ship and shipping companies.

Cyprus' population was up by 0.5% in 2012, according to the recent Demographic Report published by the Cyprus Statistical Service.