Canada hopes to be present in the development of Cyprus` offshore hydrocarbons sector, Canadian High Commissioner to Cyprus, based in Athens, Robert Peck has told the Cyprus News Agency (CNA), noting that Canadian company Sea NG has made a compelling case for the use of Compressed Natural Gas (CNG) to meet the country`s interim energy

Cyprus trade deficit decreased by 15.46 million euro in January 2014, falling at 275.57 million from 291.03 million in January 2013. According to the Statistical Service of the Republic of Cyprus, on the basis of preliminary estimates for Foreign Trade of Cyprus in January 2014, total imports / arrivals were 382.2 million, of which 265.6

Ryanair, Europe’s favourite low fares airline, today (12 Mar) extended its Groups services to Cyprus on Ryanair.com, enabling groups and businesses to book the lowest fare group rates. This service will be followed by a new business product (to be unveiled in the summer) as Ryanair launches its summer 2014 schedule with 10 European destinations.

A non-profit initiative, a window to the local music scene and to the beautiful town of Limassol, BalconyTV has now launched in Cyprus. The leading daily online viral music show features up and coming or established artists performing on balconies around the world (balconytv.com). Filmed in cooperation with Soundscape Studios (soundscape-studios.com), BalconyTV Cyprus takes place

Cyprus President Nicos Anastasiades reshuffled his cabinet on Wednesday in a week of rapid changes, replacing three ministers who resigned from the centre-right Democratic Party (DIKO) last week after the junior coalition partner exited the government. The changes are seen as maintaining a grip on developments, as Cyprus tries to exit from recession and painful

Cyprus and Georgia on Wednesday signed an agreement in the sectors of infrastructure and public works. The agreement was signed in Nicosia by the Cyprus Minister of Works Tasos Mitsopoulos and Georgian Minister of Regional Development and Infrastructure Davit Narmania. Speaking to the press, Mitsopoulos said that over the past period, there has been a

Newly-appointed Governor of the Central Bank of Cyprus Chrystalla Georghadji said she is sure that confidence in the island`s troubled banking system can be restored. Georghadji had on Wednesday her first tête-à-tête meeting with outgoing CBC Governor Panicos Demetriades, who resigned on Monday. In statements following the meeting, Georghadji said she will have meetings with

Says Communications Minister   The launching of direct flights by Qatar Airways to Larnaka, as of April 29, is extremely important for Cyprus and its tourism, said Communications and Works Minister Tasos Mitsopoulos. Speaking to the press Wednesday, the Minister said that Qatar Airways aircrafts will be landing in Cyprus and then they will have