The Cyprus Telecommunications Authority (CyTA) is once again setting the trend in the field of Information Technology, with the introduction of a pioneering web site with the latest information on mobile phones, gadgets, accessories, computer hardware and software, PC and DVD games, and more. The site, located at www.cytatech7.com, is the most comprehensive free on-line

CyTA has decided to abide by a directive order issued by the Competition Commission ordering it to reverse the price reductions on international call rates. The Competition Commission ruled that CyTA abused its dominant market position and that its steep price reductions on international call rates were deliberately made to hurt competition. The complaint was

The Statistical Services has published a full breakdown of figures on tourism arrivals in February, which as previously reported fell year on year by 4.1% to 72,600. Among the larger markets, the most important one to record a decline was Germany: arrivals from Germany, which accounted for 9.3% of the total, fell by 23.7% to

The index of industrial production for January 2005 (Base 2000=100), reached 101.0 units. For January 2005 the index recorded a decrease of 1.6% compared to January 2004. For Manufacturing the index for January 2005 reached 91.9 units, recording a decrease of 4.7% compared to January 2004. Meanwhile, the industrial output price index for February 2005,

The European Commission expects the Cyprus economy to grow by about 4% in 2005-06, according to its latest Spring Forecast. This, it says, is mainly domestic-demand led, linked to continued strong private sector investment and consumption growth in an environment of improving investor and consumer confidence. Consumption growth is supported by rises in disposable income