The economic crisis and the lack of liquidity keep the issue of bouncing cheques high, despite the slight drop in February both on an annual and monthly basis. According to latest Central...
The dispute between the Commerce Minister and the 280 gas station owners has culminated. The Minister warned the owners that “they push their luck”, while the latter decided to continue with the...
23/02/2010
According to JCC Payments data released on Wednesday, domestic consumption slumped in January 2010. The use of credit cards in Cyprus recorded a sharp increase, reflecting the difficult economic...
03/02/2010
According to latest AGB data, the total value of TV advertising recorded an increase of 13% to €285 million in 2009 from €252 million in 2008 and €215 million in 2007. Market circles support that...
25/01/2010
The value of import of goods and services in Cyprus in January – November 2009 is lower, showing the big drop in domestic consumption. The latest CYSTAT data show the performance of foreign trade...
11/01/2010
The launch of winter sales will give a boost to the trade, Commerce Minister Antonis Paschalides stated on Thursday in the light of the drop in credit card transactions in December. On the...
07/01/2010
The big department stores in the cities launched earlier sales this year in an effort to deal with the difficulties in the sector. The expectations of the shop owners and the department stores that...
04/01/2010
According to latest Central Information Registry data, the number of bounced cheques in January – November 2009 stood at 4101 from 2688 last year (+52.6%), hitting a record high since 2003. As for...
07/12/2009
According to Eurostat data released on Thursday, domestic retail trade activity fell three times the retail trade in Europe, since its volume in September was reduced by 5.8% against a decline of 2.8...
03/12/2009
Commerce Minister, Antonis Paschalides expressed his confidence on Wednesday that the government’s measures for the tourist sector will boost the effort to deal with the economic crisis, since they...
25/11/2009