Business - Page 2174

The labour dispute between Arab Bank and the Bank Employees Union, ETYK over the redundancy of at least 68 employees will be tabled before the labour arbitration committee of the Ministry of

Why no data for Cyprus? Signs that consumer spending in the eurozone may be recovering came on Tuesday, with Eurostat data showing that retail sales volume bounced by 2.0% compared with the

Finance Minister Makis Keravnos dismissed trade union claims that the government’s decision to invest the bulk of the Social Insurance funds in state bonds is giving a low return, thus threatening the

The Nicosia District Court agreed to issue a temporary injunction, ordering Bank of Cyprus to freeze all efforts to sell its 28% stake in Universal Life Insurance Co. to Aspis Pronia of

The EU-harmonised unemployment rate in Cyprus rose to 5.1% in May from 4.6% in April and was one of the fastest-rising rates in the EU, according to Eurostat, the Statistical Office of