Does wage indexation push up Cypriot unemployment?

**Construction labour costs rise despite recession** The Cyprus construction sector was worth EUR 3.1 bln in 2010 measured in gross output current market prices according to the annual Construction and Housing Statistics

Mission Impossible: APOEL goes all out

 * Champion’s League adds EUR 14 mln to Cyprus coffers *  The GSP stadium is set to be rocked to its foundations by 22,000 frenzied APOEL fans on Wednesday night when the

Services value up in the fourth quarter

**Transport down 12.9% in 2011 ** Turnover value in a range of services sectors rose compared with the year earlier in October – December 2011. Both accommodation and food services rose by

Cyprus inflation stabilises in February

Inflation stabilised in February, with both the consumer price index (CPI) and EU-harmonised consumer price index (HICP) recording and increase of 3.1% over the year earlier—the same rate they both recorded in

Australian Open tennis boost for Betfair

Britain's Betfair Group Plc took 50 mln pounds ($79.4 mln) of bets on the marathon Australian Open tennis final between Novak Djokovic and Rafael Nadal, highlighting the growing popularity of in-play gaming

FTSE falls for 3rd day; charts gloomier

Britain's FTSE 100 extended its losing streak into a third session on Tuesday, as concern about the health of the global economy hit heavyweight oils and miners, pushing the index towards the