EU consumer chief slams energy, banking sectors

The European Union's consumer chief will investigate the bloc's retail electricity sector this year after an EU-wide report on Monday said some energy, banking and transport companies may be ripping off customers.

Cyprus construction sector worth EUR 2.7 bln

The Statistical Service has announced the publication of the annual report “Construction and Housing Statistics, 2007”. The report contains detailed data on the construction sector, pertaining, inter alia, to output, capital formation,

Cyprus loan growth in Dec ’08 at 33.4%

Total loan growth in Cyprus by December 2008 reached 33.4%, down from November’s 38.8% growth with the total amount of all loans at EUR 54.71 bln, according to the December Monetary Survey