CYPRUS: Property sales up 20.18% y-o-y in 2014

Property sales rose by 19.79% year-on-year to 454 in December, an outcome which was expected, given last year’s low base, said Alpha Bank Cyprus Treasury’s Alexis Kitromelides and Stavros Hadjichristofi, in their

CYPRUS: Unemployment at 16.8% in November

The number of unemployed dropped by 5.11% y-o-y to 47,886 in December, compared to 50,467 in December 2013 and 47,603 in the previous month (+0.59% m-o-m). In addition, on a seasonally-adjusted basis

CYPRUS: Troika suspends visit for next review

The Troika of international lenders has informed the Ministry of Finance that it is suspending its forthcoming visit to Cyprus, scheduled for January 20, because the island’s parliament has postponed the law