Commerce Minister, Antonis Paschalides clarified on Tuesday that there is no need to introduce a Consumer Commissioner since the competent authorities do a lot to protect the consumers’ rights. The...
According to latest JCC Payments data, the value of credit card transactions by Cypriots in May fell 4% to €142.8 million. The number of transactions dropped 2% to 1.95 million. In the first five...
03/06/2009
Commerce Minister, Antonis Paschalides reiterated the government’s persistence on Tuesday to change the law so that it can intervene to set a ceiling in the product prices. Although inflation hit a...
10/03/2009
According to latest JCC Payments data, the value of credit card transactions by Cypriot residents in February fell 15% to €139 million, while the number of transactions dropped 11% to 1.8 million...
05/03/2009
Domestic deliveries of beer and soft drinks fell in January 2009. According to latest CYSTAT data, the domestic deliveries of beer by the breweries dropped 34%, while the deliveries of soft drinks...
23/02/2009
The figures on the state revenues from indirect taxes released on Friday show that consumption has shrunk after the last phase of the global crisis. Private consumption, the sector that pushed...
06/02/2009
None of the targets for the participation of the renewable energy sources (RES) in the production of electricity and the total energy consumption of Cyprus has been achieved so far, despite the fact...
03/02/2009
VAT revenues in December 2008 recorded the lowest increase of the year. It seems that the global economic crisis has affected consumption in Cyprus economy too. According to the Customs’...
27/01/2009
According to latest CYSTAT data, domestic deliveries of beverages by factories soared 40.8%, while those of beer from breweries recorded an increase of 21.8%. The deliveries of beer for domestic...
20/01/2009
Commerce Minister, Antonis Paschalides did not exclude the possibility of a decree for a ceiling in fuel prices. “The Ministry will take more drastic measures if this is deemed necessary”, he...
12/01/2009