Cyprus unemployment accelerates

The growth in unemployment numbers in Cyprus accelerated in October, as the number of registered unemployed rose by 72.9% compared with October 2008 to reach 17,263. In September, unemployment had risen by

Bank of Cyprus beats expectations

The Bank of Cyprus Group’s profit before provisions for the third quarter 2009 reached 190 mn Euro recording an increase of 35% compared to the second quarter 2009. According to the Group’s