The economic environment in Cyprus deteriorated in December 2010, denying expectations for a gradual improvement of the psychology. In the most critical month of retail trade, the consumers’...
The Price Index Technical Committee decided on Monday to add 181 new goods and services to the Consumer Price Index goods, pushing the number of goods and services of the new market basket to 850...
15/12/2010
During an extraordinary meeting chaired by the President of the Republic, Demetris Christofias today, the Council of Ministers approved the bill on the “Law that amends the consumer tax laws of 2004...
10/12/2010
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...
09/12/2010
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...
07/12/2010
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...
02/12/2010
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...
21/10/2010
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...
08/10/2010
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...
06/09/2010
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...
03/09/2010