The contribution of “Other Social and Personal Services” to the GDP remained at 4.6% in 2006, just like in 2005. According to the “Economic Statistics on Other Social and Personal Service...
According to Eurostat data released on Thursday, the GDP per inhabitant in Cyprus in 2007 stood at 91 points against 90 points in 2006. In 2005, the GDP per inhabitant stood once again at 91 points...
According to CYSTAT data released on Thursday, private saloon car registrations in November 2008 fell 19.2% to 3,211 compared to 3,972 in the corresponding month of 2007. Comparing historical data,...
The Cyprus Stock Exchange heads to a fresh four-year low on Thursday amid the negative climate in the European stock markets. The CSE general index drops 1.04% to 1069.60 points, last seen on...
Commerce Minister, Antonis Paschalides issued a decree on Thursday for the setting of a ceiling in the sale price of the gas cylinder at €8.19. In his statements, the Minister said that the decree...
The major issues in today’s financial press are the issue of a decree by Commerce Minister for a ceiling in gas, the increase in trade deficit together with the anticipated decrease in tourist...
STEK expressed its opposition for the demolition of “Filoxenia” Hotel and the construction of a new luxury hotel unit. In a letter sent to Minister of Commerce, Industry and Tourism, Antonis...
The government rejected the MP’s request to reduce the VAT by 10% in the electricity bills, stressing that the VAT is not a targeted measure. The deliberations on the issue continued today before...
The revised figures of the Statistics’ Service confirm the slowdown of the island’s economy in the third quarter of 2008. According to them, economy grew by 0.6% in Q3 against 0.9% in Q2 and 1.1% in...
The Cyprus Stock Exchange is in the red on Wednesday, while most European markets suffered losses just a while ago. Specifically, the CSE general index loses 3.19% to 1087.61 points. The session...