EC expects Cyprus to exit recession in 2015

The European Commission’s Spring forecast confirms that Cyprus economic adjustment is on the right track and that the island will exit recession in 2015. According to the Commission, GDP stood at -5.4%

Cyprus tourism revenue up in February

Revenue from tourism saw an increase of more than 10% in February this year, compared to the same month last year. According to a press release by the Cyprus Statistical Service, on

Euro area Finance Minister meet Monday in Brussels

Euro area Finance Ministers will attend Monday the Eurogroup meeting, in Brussels, with the participation of Cyprus` Finance Minister Harris Georgiades. According to the Eurogroup website, Ministers will discuss the economic adjustment