Noble Energy is leaning toward regional pipelines as its favoured option for monetising its Cypriot natural gas finds, with onshore liquefied natural gas (LNG) now relegated to bottom of the list.

Cyprus banks came out with positive results from stress tests carried out by the European banking regulator, marking a final stabilisation of the banking system.

Cyprus is reinventing its tourism sector by offering a wider range of year-round activities and showing a more sustainable approach to tourism.

This short note is dedicated to the test of residency in Cyprus for the purposes of taxation.

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The government is looking at all options in relation to the exploitation of hydrocarbon reserves in Cyprus' Exclusive Economic Zone, Minister of Energy, Commerce, Industry and Tourism Yiorgos Lakkotrypis said recently.

Cyprus Finance Minister Harris Georgiades said he believed there are prospects to lift the deadlock as regards the next installment of bailout funds at the upcoming Eurogroup meeting.

The Chief Executive Officer of the Bank of Cyprus John Patrick Hourican has said the bank is "out of the danger zone".

Cyprus unemployment fell in September 2014 to 15.1% or 65.000 people in absolute numbers, from 15.4% in August, Eurostat, the statistical office of the European Union, said recently.

Hellenic Bank will proceed with increasing its share capital by approximately €220m to cover a shortfall derived from the EU-wide ‘stress test’ of about 130 banks recently.