The volume of retail trade in Cyprus decreased by 0.2% over Christmas compared to November, which increased slightly by 0.1% during Black Friday sales. Compared to December 2021, trade volume increased by
As a result of the economic disruptions caused by the pandemic, international trade declined significantly during 2020, with some sectors, such as energy, oil, and gas, more severely affected than others. Although
Trade through the Green Line could hit an all-time high this year, breaking 2008’s record when close to €8 mln worth of products crossed the divide, but it’s way below potential. The
UK imports to the island halved within the first year of Brexit, as Cypriot importers turned to EU markets as British products are wrapped in tariffs and red tape. Stakeholders argue that,
Turkish Cypriot cheesemakers say they are in the dark over a historic move for Cyprus’ iconic cheese halloumi to be legally shielded under the European Union’s Protected Designation of Origin (PDO) product.
An EU court ruled Wednesday there is no possibility of consumers confusing Cyprus’ traditional cheese Halloumi with its Bulgarian imitator BBQLOUMI in a legal fight to protect the brand. The European Court
Cyprus and Switzerland on Monday signed a protocol amending the Treaty for the avoidance of double taxation in a move both sides said will boost their trade ties while attracting investment. The
Businesses in Cyprus, including small and medium-sized enterprises (SMEs), may benefit from export and import opportunities available through the European Bank for Reconstruction and Development (EBRD) doubling its trade finance limit to the Bank
The Cyprus trade deficit widened to €5.09 bln in 2019, from €4.89 bln in the year before, due to a significant drop of €1.2 bln in exports, according to official statistics. However,
