The ongoing increase in the price of crude oil worldwide forced once again the oil companies in Cyprus to proceed to a new price hike by 1 cent. “Petrolina will receive its new loads today and if...
The increased demand for state titles and the expectations for an upcoming interest rate cut pushed yields down to the lowest level in the past few years. After the improvement in the state finances...
According to a StockWatch survey carried out recently, the loan of £3 billion allocated by the Social Securities Fund to the state equals to a deposit of few thousands of pounds in a commercial bank...
Within the framework of the ex-officio investigation on fuel prices, the Competition Committee ‘dashed’ into gas stations few days ago to check prices. In his interview to StockWatch, Chairman of...
According to the latest Central Bank Monetary Review, credit growth in August stood at 6.6% and it is the fastest since 2003. This is mostly attributable to the strengthening of borrowing in...
Few days before the submission of the Budget 2006 to Parliament, a Finance Ministry memo outlines the impacts of the energy crisis on the island, differentiating the macroeconomic forecasts for both...
The unemployment and energy crisis, the drop in the purchasing power of the employees and the viability of the Social Securities Fund were the major issues of discussions between the DISY...
Despite the surplus from the sharp increase in state revenues, the state accounts for the first half of 2005 show that there is a risk of fiscal breach. The latest data published by the Statistics’...
Exports recorded a significant increase of 22% in July, reflecting the positive impacts that the island’s accession in the EU has on the Cypriot exporters. According to CYSTAT data released on...
The 5-year package of offsetting measures promoted by the government after the increase in the price of fuel is expected to reach hundreds of millions of pounds, Commerce Minister, Giorgos Lillikas...