Tag: economy
Larger shops ‘sucking in’ customers with illegal sales
Large stores who hold sales outside the regulate periods, are “behaving like cowboys” and ‘sucking up shoppers like a vacuum cleaner’ (cyprus-mail.com)... Read MoreNew VAT rates from 10th January
From 10th January VAT at 5% will be charged on food and medicine with the exception of alcoholic beverages which will remain at 15%.... Read MoreShoppers spend on the side of caution
Nicosia and Limassol seemed to be doing well, albeit on a budget, but in Paphos the situation was described as “tragic” and “desperate” (cyprus-mail.com).... Read More- 3 of 3
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