The excessive and immoderate consumption of the Cypriot citizens has not eased “the problem of liquidity and viability” that several small-medium companies face, the House Commerce Committee said on...
According to CYSTAT data released on Friday, the volume and the value of the building permits in January-September 2004 showed an increase of 14.9% and 10.4% respectively. Similarly, the volume...
03/12/2004
Demand for personal and construction loans in October 2004 recorded a significant increase. It seems, however, that demand for residences will drop in 2005. According to latest Central Bank data,...
24/11/2004
The labour cost in constructions for July – September 2004 recorded an increase compared to the corresponding period of 2003. According to CYSTAT data released on Tuesday, the index of the hourly...
23/11/2004
The cost of building materials for October 2004 recorded a sharp increase. According to CYSTAT data released on Monday, building material in October increased 11.5%, mostly due to the increase of 32...
15/11/2004
Cement sales in Cyprus continued to increase in October 2004, in a slower pace. According to CYSTAT data released on Friday, domestic cement deliveries from the two cement companies Vasiliko and...
12/11/2004
The government’s measure for the reduction of the consumer tax on heating oil through the increase in the consumer tax on oil is socially unwise, taking into account the latest census carried out by...
08/11/2004
The Bank of Cyprus is currently on talks with the would-be buyers to find the ideal formula for the sale of Kermia and Kermia Property Investments (KPI). The deliberations will last no longer than...
05/11/2004
The Bank of Cyprus announced on Wednesday the signing of a Memorandum of Understanding with a group of foreign and possibly Cypriot buyers for the sale of its subsidiaries Kermia and Kermia...
04/11/2004
According to CYSTAT data released on Friday, the volume of building permits in January-August 2004 showed an increase of 11.6% compared to the corresponding period of 2003. However, the volume of...
22/10/2004