Unemployment above EU average

Last year, the unemployment rate of people aged 15-74 in Cyprus was 6.8%, a little higher than the EU average (6.2%), according to Eurostat data. The unemployment rate among the young was

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Aphrodite gas linked to Egypt

The offshore Aphrodite natural gas field developed in Cypriot waters will be connected to an existing processing and production facility in Egypt via a subsea pipeline, one of the partners in the

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France wants to beef up European defence

Paris sees the need to beef up Europe’s defence industry as continuing European military aid to Ukraine is crucial. The European Political Community (EPC) takes place on June 1 in Chisinau, Moldova, where

US futures higher, gold out of luck

By Naeem Aslam US futures and European markets are trading higher Tuesday as traders celebrate the Spanish inflation number, showing that inflation has started to cool down significantly. The Spanish data also

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Turkey gets another 5 years of Erdogan

Turkish President Recep Tayyip Erdogan will prolong his two-decade rule of the NATO country for another five years after prevailing over his rival Kemal Kilicdaroglu in Sunday’s runoff elections with 52.1% to

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