Cyprus wages rise as unemployment soars in Q4

**Indexation pushes earnings up 3% y/y ** As the unemployment rate soared to 9.3% according to Eurostat definitions, wage indexation ensured that labour costs continued to rise for employers, with earnings increasing

Cyprus: Wot no tourism data?

**Serious repercussions for other statistics ** Fellow data maniacs eagerly awaiting the release of March tourism data will have been severely disappointed that the Statistical Service of Cyprus (CYSTAT) will not be

GSK to file for diabetes drug after new trials

GlaxoSmithKline will push ahead with plans to file its experimental once-weekly diabetes drug albiglutide for regulatory approval, following the read-out from a series of clinical trials. Albiglutide belongs to the same class

February unemployment 9.7% in Cyprus

Unemployment in Cyprus in February reached 9.7% of the active population from 9.5% in January, according to Eurostat figures, which indicated a record high for the Eurozone. The average unemployment rate in