Cyprus motor regs fall 13.9% y/y in April

Motor vehicle registrations fell for a fourth straight month in April, decreasing by 13.9% over April 2008 to 4,671. Registrations of private saloon cars fell in the same period by 13.6% to

Oil falls from six-month high above $58

Oil fell $1 a barrel to below $58 on Monday, reversing some of the previous session's gain, pressured by falling European equities and caution over the pace of any global recovery. The

Cyprus VAT receipts decline 3.8% in April

Indirect tax receipts for April ’09 contracted by 5.7%, whilst receipts for the period January – April 2009 were 4.7% lower at EUR 756 mln according to the Department of Customs and