The finance ministry announces its decision abolishing restrictions on fixed term bank deposits, introduced last yearalong with other capital controls to prevent a bank run.

Ermes Department Stores Plc announces that it has sold 25.01% of its stake in food and beverage operations in Larnaca and Paphos airports to Aer Rianta International (Middle East).

Relations between Israel and Cyprus are at an unprecedented level of cooperation and have been developing fast, assures Cyprus Foreign Minister in the course of a visit with Israeli President Shimon Peres.

Expanding cooperation between Cyprus and Egypt to air transport and shipping, are discussed during a meeting between the Minister of Communications and Works and the Egyptian Ambassador in Nicosia.

Non-performing loans (NPLs) are a great challenge facing the Cyprus Cooperative Credit Institutions, Chairman of the Cooperative Central Bank Nicolas Hadjiyiannis says.

The state of Cyprus’ economy is much better than original expectations, while the financial sector is stabilizing, the President of the Eurogroup tells the Committee on Economic and Monetary Affairs of the European Parliament.

PROFILE Software, a leading financial solutions provider with offices in Nicosia, announced that it has been recognized with the 'Business Innovation' award in 2013 'Money' Magazine, readers’ choice rankings.

A Cypriot physicist is awarded one of the coveted Humboldt Research Awards conferred by the Alexander von Humboldt Foundation.

The cabinet decides to enter the digital era by scrapping handwritten procedures and utilising an online application that will achieve considerable savings.

The European Commission decides to refer Cyprus to the ECJ for failing to adopt EU laws on minimum oil reserves – the same day the energy ministry tabled the relevant bill before parliament, a year late.