Cyprus real GDP down 1.7% in 2009

The Cyprus economy shrank by 1.7% in 2009, according to the latest full figures on the national accounts. In the fourth quarter real GDP rell by 3.0% over the corresponding quarter of 2008. Based on...

Cyprus wholesale trade down 13.3% in 2009

Wholesale trade performed badly in 2009 according to the latest figures. The turnover value index of wholesale trade except motor vehicles and motorcycles for January-December 2009 recorded a decrea...

Cyprus motor regs down 19/7% in Jan-Feb

The Statistical Service has announced that total registrations of motor vehicles decreased by 18.7% to 6,984 in January - February 2010, from 8,586 in January – February 2009. Private saloon c...

Domino’s Pizza is back in Cyprus

After an absence of nearly ten years, Domino’s Pizza is back in Cyprus and is about to give other pizza companies a run for their money. Having started with two outlets in the mid 1990s, the l...

Shacolas receives flight safety award for Cyprus Hermes Airports

The Flight Safety Foundation/South East Europe – Middle East – Cyprus presented Nicos Shacolas, Chairman of Hermes Airports Ltd, with the Flight Safety Award, “for his outstanding co...