The number of motor vehicle registrations in November fell 15.1% year-on-year to 3850 as consumers vanished from showrooms, but was 9.5% better than the October sales, according to Department of Statistics data. The total registrations of motor vehicles, decreased by 9,4% to 45.450 in January – November 2005, from 50.186 in January – November 2004.
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In a welcome break from the usual verbal attacks, Kypros Chrysostomides, Government Spokesman, speaking as leader of the Front for the Restructuring of the Centre, has proposed that a joint forum of experts from the Greek and the Turkish Cypriot communities is set up, under UN aegis, to draft a new constitution for Cyprus. In
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The latest scoreboard compiled by the European Commission on state aid shows that in 2004, Cyprus had the second highest ratio of state aid to GDP in the European Union, having spent 1.48% of GDP, or EUR 0.2 bln, compared with the highest score of 1.66% in Finland. The scoreboard excludes expenditure on railways. The
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A European company, Daimler-Chrysler, invests more in research and development than any company in the world, according to the findings of the Second EU Industrial R&D Investment Scoreboard, compiled and presented by the European Commission. The Scoreboard, an analysis of industrial R&D investment trends based on corporate figures, shows that R&D investment among the top
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Forget the souvla this Christmas, if you want to keep to a low budget then you had better stick to a good old fashioned tomato and cucumber salad. Statistics published by the Consumer Protection Department of the Ministry of Commerce show that the prices of cucumbers on December 1 were 56% lower than a year
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By Dr. Jim Leontiades Cyprus International Institute of Management During a frustrating session of hard bargaining with union representatives, an exasperated manager asked the union negotiator to say frankly just what it was he wanted. He got his reply in one word, “More”. If you think about it, the reply was obvious. If unions hire
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