Cyprus Mail
Business

Economist calls new shop hours bill “central planning at its worst”

By Andria Kades

The parliament’s May 7, decision to restrict Sunday trading hours was “wrong as it was based on hearsay” and ignored the fact that “the retail sector has flourished under more liberal trading hours,” a London-based Cypriot economist said in a blog entry.

Barret Kupelian questions “three main assertions” by lawmakers who supported the bill: that liberal trading hours will hurt the retail sector, that there is no real demand for Sunday shopping and employment in the retail sector is suffering.


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