Cyprus - Page 1729

Property worth over EUR 1 mln to be taxed The government has bowed to intense pressure from real estate developers and the opposition DISY party over its plans to amend the reappraisal

Total loans advanced by banks and Cooperative Credit Societies at the end of November 2009 increased by 7.2% year-on-year to EUR 57.45 bln, but fell EUR 300 mln compared to EUR 57.7

Limassol continues to lead in the number of smoking ban violations and fines imposed by the police ever since the new law for public areas came into effect on January 1. Some

Insurance claims from the recent storms and floods in September, as well as those at the end of October, totalled 10 mln euros, according to the Insurance Association of Cyprus. The insurance

After a dismal 2008, world stock markets staged a spectacular rebound from their March lows, ending 2009 on a high note even though many economies remained in crisis and continued to need

Andis Hadjicostis, CEO of the family-controlled Dias media group and Sigma TV, was gunned down as he was leaving his home in the capital’s diplomatic neighbourhood of Engomi Monday night. The murder

Local credit card spending in the Republic of Cyprus fell by 3% in 2009, according to data from the credit card company JCC, having risen by 16% in 2008. Local plastic card

Spending by Turkish Cypriots south of the Green Line dropped in 2009, judging by data from on credit and debit card use by the credit card company JCC Payments Systems Ltd. Total

The trade deficit in Cyprus fell to EUR 373.0 mln according to preliminary figures for November, falling by 23.6% compared with the EUR 488.4 mln recorded in the same month of 2008.

Total imports/arrivals (covering total imports from third countries and arrivals from other member states) in January-October 2009 amounted to 4.698,9 mn Euro as compared to 6.256,6 mn Euro in January-October 2008, according