Is Cyprus woefully uncompetitive?

The EU-harmonised consumer price inflation rate in Cyprus recorded a drop of 0.8% in July, the same as the national consumer price inflation rate for July. For the period January-July, the HICP

UK, Liechtenstein agree tax disclosure deal

Liechtenstein and Britain said on Tuesday they have signed an agreement to encourage British clients of banks in the Alpine principality to voluntarily disclose untaxed money. The Liechtenstein government said in a

Asia stocks make little ground, yen climbs

Asian stocks struggled to eke out gains on Tuesday as policymakers warned of lingering economic uncertainty and data showed China's recovery may be moderating. The yen climbed across the board and sterling

Cyprus retail sales drop 5.9% y/y (prov) in May

The turnover volume index of retail trade (except automotive fuel) in April 2009 fell by 1.7% compared with April 2008 according to revised data from the Statistical Service. According to provisional estimates