The use of cheques in Cyprus is quite popular at the same time that many European countries automated fully their systems of payment and have abandoned cheque payments. The House talks on the...
The use of credit cards went up in November, boosting estimates for an improvement of the consumer climate. According to new JCC data, the value of credit card transactions by Cypriots in the...
The number of bounced cheques in the market hit a 22-month high in November, boosting estimates that there are still liquidity problems in the market despite the recovery signs. According to...
DISY and EDEK criticized the government once again for the high prices. DISY MP, Lefteris Christoforou said that Cyprus’s first place in expensiveness across Europe is unprecedented, while EDEK MP...
The recovery of consumption remains fragile despite indications for a gradual improvement in the households’ and businesses’ mood for buys. The figures on the purchases via credit cards in September...
The number of bounced cheques in the domestic market in August 2010 was shot to a 19-month high, reflecting the liquidity problem in the market despite indications for an improvement of the economy...
Domestic consumption increased in August, boosting forecasts for a recovery in the next few months. This is what the new JCC Payments data show for the credit card transactions. In August 2010...
The smoking ban since early 2010 does seem to intimidate smokers, since according to Finance Ministry figures, the value of the imported cigarettes in Cyprus in the first months of 2010 recorded an...
Domestic consumption stabilized in low levels in the first half of 2010, boosting forecasts that it will take time for recovery to come. According to JCC Payments data, despite last year’s low...
The issue of bounced cheques is high but controlled, reflecting the limited liquidity of the businesses and households, on the one hand, and the restricted extension of the practice despite the...