UN General Assembly adopts UNFICYP budget

The plenary of the UN General Assembly adopted on June 30 the budgets of 14 peacekeeping forces, including the UN Peacekeeping Force in Cyprus (UNFICYP). The General Assembly adopted the report of

Cyprus unemployment rate at 5.3% in May

The euro area seasonally adjusted unemployment rate was 9.5% in May 2009, compared with 9.3% in April 2009. According to figures published by Eurostat, unemployment in Cyprus rose to 5.3% in May

Stocks dip as data puts recovery in doubt

World stocks dipped towards a 1-1/2 week low on Friday after the previous day's disappointing U.S. jobs report boosted expectations that the process of recovery in the world's biggest economy would be