Next electricity bills to be 15% lower for households
The next electricity bills will be almost 15 per cent lower for the average consumer, the state power utility has said. Speaking to Economy Today,...
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Seven in ten people in Cyprus living in ‘empty nest’ households
Seven in ten people were living in under-occupied households in Cyprus, one of the highest number in the EU, the latest Eurostat figures show. Under-occupied...
Cyprus has second-highest number of households with children
Among European member-states, Cyprus has the second highest number of households with children, Eurostat said on Monday. On the occasion of the global day of...
Private debt drops to 273% of GDP in Q3
The private debt level remains high in Cyprus even after dropping in the third quarter of 2016, to 272.6 per cent of economic output, from...
Wealth inequality on the rise in euro zone, net wealth drops almost 40 per cent in Cyprus
The concentration of wealth among the euro zone’s richest has increased since the bloc’s debt crisis began, with poor families suffering the biggest drop in...
Recycling collection up, but still ‘outside comfort zone’ for most Cypriot households
Green Dot said on Tuesday said it collected 51,000 tonnes of waste last year, compared with 46,885 in 2014, an increase of 9 per cent....
Electricity prices have fallen 48 per cent in three years, EAC says
Electricity prices fell 8 per cent in March over the previous month, the Electricity Authority of Cyprus (EAC) said on Monday. The drop over the...
Greek bank deposits rise in Nov but credit shrinks
Greek bank deposits rose slightly in November after a five-month decline but private sector credit kept shrinking, central bank data showed on Friday, as deep...
Cyprus ‘getting there’ on IT front
THE USE of information technologies (IT) in businesses and households in Cyprus is growing, according to the findings of two surveys carried out by the...
Household incomes down in 2013, says survey
By Constantinos Psilides NEARLY NINE out of ten of households or 86 per cent of those surveys said that their income was reduced in 2013,...
70 pct of homes have computers, tablets on the rise
By Stefanos Evripidou SEVEN IN ten households in Cyprus have access to a computer, marginally up from the year-earlier figure, according to the results of...
