Revenue from tourism recorded a significant rise of 8% or €154.7 mln in the year 2013, reaching €2,082.4 mln, from €1,927.7 mln in 2012, according to data released by the Statistical Service
Unemployment in January dropped to 16.8% of the active population of Cyprus, translating into 74,000 persons, compared to 17.2% in December 2013. According to Eurostat figures, in January the average unemployment in
The gender pay gap in the EU, the average difference between women and men’s hourly earnings across the entire economy, has barely moved in recent years and still stands at around 16%,
Sotheby’s announced that investor Daniel S. Loeb has been nominated as a candidate to the auction house’s board of directors at the company’s next shareholders’ meeting. Loeb, founder and CEO of New
The Cyprus Parliament discusses on Tuesday a new bill on the privatization of semi-governmental organisations (SGO’s), following the rejection by the House of a previous bill last Thursday, with 25 lawmakers in
Cyprus is undertaking an initiative to promote regional cooperation for the protection of the Mediterranean Sea, Cyprus Agriculture, Natural Resources and Environment Minister Nicos Kouyialis said on Monday, adding that Nicosia is
The Ministry of Education and Culture announces the beginning of the Greek Language Courses for migrants and other foreign speaking residents of Cyprus will be offered on March 2014. The courses will
The Cyprus parliament rejected a crucial privatisation bill on Thursday night, jeopardising the fourth tranche of a bailout package from the Troika of international lenders. The bill, that would have seen the
Elena Rybolovleva, the 48-year-old estranged wife of former fertiliser tycoon Dmitry Rybolovlev, has been handed her passport back by Cyprus authorities and allowed to return to her teenage daughter in Switzerland after
The centre right Democratic Party (Diko) voted late on Wednesday night to abandon the ruling coalition of which it is a junior partner, but a narrow vote once again showed that the
