Cyprus welcomes Gazprombank operations

The presence of Russian Gazprombank in Cyprus constitutes a milestone in the island's position as a regional and international financial centre, President Demetris Christofias said on Thursday evening. Addressing a charity event

Cyprus wholesale turnover down 11.6% in Q1

Wholesale turnover fell sharply in the first quarter of 2010 according to the latest figures from the Statistical Service. The turnover value index of wholesale and retail trade and repair of motor

Cyprus serious crime falls in 2008

Serious crime fell in 2008 according to the latest figures from the annual report, “Criminal Statistics”, published by the Statistical Service. The report includes data on crime based on information provided by

Cyprus retail trade slips again in April

Retail trade slipped again in April according to provisional estimates from the Statistical Service. The figures show that retail trade turnover volume fell by 2.7% over the year earlier in April 2010

Cyprus construction material prices on the rise

Construction material prices rose again in May according to the latest data from the Statistical Service. The price index of construction materials for May 2010 reached 120.83 (base year 2005=100.00) recording a