Cyprus Gas Hunt Fails Again

- March 26, 2015

Cyprus’ Energy Ministry says an Italian-South Korean consortium failed to find natural gas at a second offshore site where it carried out exploratory drilling.

Cyprus Development Bank in Works

- March 24, 2015

Harris Georgiades, Cyprus’ Finance Minister announced that the government of Cyprus and the European Investment Bank (EIB) are discussing the establishment of a development bank […]

EU Sees Cyprus Job Recovery

- March 24, 2015

Despite soaring unemployment caused by austerity measures attached to a bailout, Cyprus’ job picture is getting better, an EU official said.