The Cyprus Tourism Organisation (CTO) is in the final stages of being wound down after almost 50 years in existence and will, as of the end of this month, cease to exist in its current form, chairman Angelos Loizou said recently.

The majority of tourists who visited Cyprus between June and September 2018 said they were satisfied to a great extent with their stay, a survey commissioned by the Cyprus Tourism Organisation (CTO) has shown.

EY has received an award from SAP at the 2018 SAP® Customer Experience Partner Awards Summit held in Barcelona in October. This recognition showcases excellence in driving SAP Customer Experience business, commitment to co-innovation and helping mutual customers achieve their goals.

Individual consumption per capita (AIC) in the EU in 2017 ranged from 54% of the EU average in Bulgaria to 132% in Luxembourg.

The job vacancy rate in the euro area (EA19) was 2.1% in the third quarter of 2018, stable compared with the previous quarter and up from 1.9% in the third quarter of 2017, according to figures published by Eurostat, the statistical office of the European Union. In the EU28, the job vacancy rate was 2.2% in the third quarter of 2018, stable compared with the previous quarter and up from 2.0% in the third quarter of 2017. In Cyprus the job vacancy rate was 2.1% up from 1.4% in the second quarter and 1.4% in the same quarter of 2017.

The final stage of raising capital for the project has been reached, EuroAsia Interconnector Limited, the promoter for the mooted subsea cable that will connect the electricity grids of Israel, Cyprus, Crete and Attica in Greece to the European system, has said.

Cyprus recorded the largest decrease among EU countries in Non-Performing Loans (NPLs) between June 2017 and June 2018, according to a report by the European Banking Authority (EBA).

Cyprus recorded record tourist arrivals in November with a rise of almost ten per cent over November 2017, Cystat said on Monday.

The value of Cyprus` total exports stood at €4 billion in the period January to October 2018, representing an increase of 56% compared to the same period of 2017, according to Eurostat, the statistical office of the EU.

Hungary considers realistic the extraction and transfer of natural gas from Aphrodite gas field, Foreign Minister Peter Szijiarto said in Nicosia after talks on Friday with his Cypriot counterpart Nikos Christodoulides. The two Ministers signed a memorandum of understanding for cooperation in the energy field.