Cyprus unemployment rate 19% in 2014

Unemployment is expected to peak at around 19% in 2014, registering a slowdown in its growth rate as a result of lower economic contraction than originally estimated, according to figures released Wednesday

Eurobank Cyprus profits reach €35 mln

Eurobank Cyprus, the wholly owned subsidiary of the EFG Eurobank Group, announced post-provision and after-tax profits of EUR 35 mln for 2013. The bank said that its capital adequacy rate is at