Cyprus will launch a tender for the privatisation of commercial activities at Limassol port in May 2015, Transport Minister Marios Demetriades announced recently.

A bill governing the operation of casinos is expected to be put to the vote inside May 2015 and the license will be issued around nine months later, Energy and Commerce Minister Giorgos Lakkotrypis said recently.

Cyprus government bond yields have fallen following the recent passage of the foreclosure and insolvency legislation by parliament.

Minister of Agriculture Nicos Kouyialis has granted Russian public health services permission to visit Cyprus and conduct checks on certain companies' premises to see if they fulfill conditions for exporting products to Russia.

Troika technical groups are expected to return to Cyprus between April 26 and 29, 2015, with a view to completing the fifth review of the country’s economic adjustment programme.

Thomson and First Choice will introduce a new route for local holidaymakers in the summer of 2016, connecting Norwich and Paphos, according to a Norwich International Airport announcement.

Cobalt Air has made an official request to the Cyprus Civil Aviation (CCA) to obtain a Certificate of Airworthiness and become the island’s first ‘unofficial national carrier’ since the collapse of Cyprus Airways.

Bank of Cyprus Public Group Chief Executive Officer, John Hourican, is stepping down at the end of August 2015, having completed nearly two years at the helm of the struggling-to-recover bank.

Petrolina expects to have moved all of its fuel storage facilities from Larnaca to Vasilikos within the next three to four years, in line with government policy.

Annual inflation was -1,4% in March 2015 in Cyprus, down from -0,8% in February 2015, according to Eurostat, the statistical office of the European Union.