Category: Economy
What are Cyprus exports and their destinations?
Exports from Cyprus only make up a small percentage of its GDP, but they are still an important economic factor for its small economy. For 2013, the value of exported good totalled to 716 mi... Read More
Cyprus Digital Strategy Approved by Cabinet
Yesterday the plan for Cyprus’s Digital Strategy has been approved by the Cabinet. The plan covers 3 years starting with 2015 and its part of the wider plan to restructure the economy and create... Read More
Crisis or not Cypriots are now buying more cars
Even though the economic situation in Cyprus doesn’t seem to be getting any better (some would argue its getting worse), car sales continue to increase. According to the Cyprus Statistical Servi... Read More
Decree for extra shopping hours extended until end of November 2014
Sunday and Wednesday afternoon shoppers rejoice. The cabinet has approved the extension of the decree which allows shops to remain open on Sundays and Wednesday afternoons essentially making the whole... Read More
Power cuts throughout Cyprus due to power plant failures
Several areas of the island faced sudden power cut today starting at 11.28am after a fault in one of the generators at Vasiliko power plant which was then followed by another generator ... Read More