The Cyprus Shipping Chamber hailed last week’s decision by the European Commission to extend the right to ship-management companies which provide “crew management” services to be allowed to be taxed under a
Cypriots have ‘mania’ for premium cars VW Group distributors Unicars have introduced their own financing scheme, Volkswagen Bank, to help a growing number of Cypriots buy a new car or upgrade to
The Statistical Service has produced a number of statistics relating to prices of food in recent months, showing a sharp increase in the prices of vegetables compared with the same period of
The Statistical Service Cystat has reported that the index of industrial turnover is provisionally estimated to have reached 112.5 (base 2005=100) in March, recording a decrease of 8.9% compared with March 2008.
Oil firmed towards $72 a barrel on Friday, gaining for a third day, supported by views on equity markets that the economy may be stabilising and due to geopolitical concerns over key
European Union leaders agreed more steps on Friday to avert a repeat of the banking crisis that has sapped the world economy and the IMF said 2010 might deliver stronger growth than
President of the Republic of Cyprus Demetris Christofias said that the initiatives the government has been taking over the past years have significantly raised Cyprus' performance in the European Innovation Scoreboard for
A group of specialists is carrying out a series of thermal and atmospheric pollution measurements at the Presidential Palace in Nicosia, to determine the potential of transforming the central administrative building of
The EU Info Point located at the northern part of Nicosia is opening its doors to the public. The Info Point project has a budget of EUR1.3 mln, financed by the Financial
The IMF is likely to revise up its 2010 growth forecast for the world economy, a senior fund official said on Friday, while European Union leaders were set to back the creation
