Why Cyprus must leverage the private sector

The EU Constitution applies only “the least common denominator” as far as economic reform is concerned, therefore “the burden of economic policy still lies with the member states” and Cyprus will have

Car registrations fall in March

Total registrations of motor vehicles fell by 3.1% year on year to reach 4,257 in March, bringing that quarterly year-on-year rise to 6.2% for the first quarter of a whole, when 12,428

Mine clearance in Zodia area completed

The EU-funded UNDP Partnership for the Future (PFF) De-mining Project, amounting to EUR 2.5 mln, announced the completion of the mine clearance in Zodia, near Morphou on the western side of Cyprus,

Construction output prices rise 2.9%

The Statistical Service CYSTAT has produced a quarterly index of output prices in construction going back to the first quarter of 2000. According to these figures, output prices in construction rose in

Saudi Arabia to raise oil output

Oil price futures fell on Tuesday after Saudi Arabia pledged to increase crude oil production from 9,5 to 12.5 mln barrels per day within three years, and to 15 mln barrels per