Limassol Marina to boost Cyprus tourism

Limassol Marina, when completed, will enhance tourism in Cyprus, Minister of Commerce, Industry and Tourism Neoclis Sylikiotis stated today, after visiting the site. The Minister was briefed on the course of construction

Cyprus unemployment climbs 31.1%

Registered unemployment in Cyprus climbed in May by 31.1% reaching 34,162 at the end of the month, compared with 26,050 in May 2011. Since the beginning of 2008 registered unemployment in Cyprus

Cyprus unemployment hits new record in May

Unemployment in Cyprus has hit new record high according to figures released Wednesday by the official Statistical Service. The number of unemployed people reached 36,313 at the end of May, in comparison

Cyprus’ GDP drops by 0.3% during 1Q2012

GDP in Cyprus dropped by 0.3% during the first quarter of 2012 compared with the previous quarter, according to second estimates released Wednesday by Eurostat. GDP remained stable in both the euro