Cyprus has a high proportion of self-employed

Almost 30% of labour force has tertiary education Cyprus has a comparatively high proportion of self-employed people, according to a new publication from Eurostat, the Statistical Office of the European Communities, the

Results of Central Bank auction

The Central Bank of Cyprus announces that during the auction conducted on 13 October 2005 for the acceptance of deposits of 14-day duration, bids amounting to CYP 290.0 million were submitted, and

Government tables heating subsidy measures

The government proposed two emergency measures on Thursday October 13 to subsidise heating bills for those on low incomes and to cut the consumer tax on heating fuel. Under the proposal, pensioners

Exports soar in August

Total exports of goods soared in August, rising by 45.0% compared with August 2004, to CYP 51.7 mln, according to preliminary estimates. This brought the total rise in exports of goods in

Unions set to reject CAIR rescue plan

The main unions representing Cyprus Airways staff are moving to reject the rescue plan submitted by the Board, according to reliable information secured by the Financial Mirror. CAIR’s largest union CYNIKA, pilots