Cyprus motor vehicle regs rise

Cyprus motor vehicle registrations recorded their first rise for three months in May, rising by 1.8% compared with May 2004, to 4,490. Passenger vehicles continued to decline, however, falling by 3.9% year

Inflation approaches Eurozone levels

Cyprus recorded a decrease in inflation during May 2005, reaching 2% from 2.8% in April. The annual harmonised inflation rate in Cyprus is now very near the average of the Eurozone. According