PIP breast implants suspect for causing breast cancer were rebranded to M-implants and sold by a company registered in Cyprus and operating in the Netherlands. According to statements by the Cypriot Minster of Health Stavros Malas, the Ministry is investigating whether M-implants of “Rofil” company have been used for women in Cyprus that have undergone
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The average monthly earnings of employees in Cyprus during the third quarter of 2011 amounted to 1,905 euros, with males earning 2,091 and females 1,686 euros. According to the preliminary estimations of the Statistical Service, in comparison with the third quarter of 2010, an increase of 2.6% was recorded in the average monthly earnings of
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Cyprus' population reached 838,897 persons on October 1, 2011, compared to 689,565 during the previous census in 2001, recording an increase of 21.7% over the past ten years, according to the preliminary results of the 2011 census, presented by the Statistical Service at a press conference on Thursday. The results of the census, which began
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The first installment, worth 590 million euros, of a 2.5-billion-euro loan from the Russian Federation was received on Thursday by the Republic of Cyprus, to enhance the public sector's cash flow and cover the Republic's financing needs for 2012. According to an official press release, the final agreement for the loan was signed on December
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A brisk start to post-Christmas sales in some European countries is unlikely to save retailers from more profit warnings and insolvencies as cash-strapped shoppers are only being tempted to open their purses by margin-crushing discounts. Crowded stores in major economies like Germany and Britain will ease fears the euro zone's debt crisis could see consumers
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Some 8 million people received emails from the New York Times on Wednesday offering a special discount if they would reconsider their decision to cancel their subscriptions. The trouble is, the offer was supposed to go to only about 300 people who had decided to stop taking home delivery of the newpaper — it was
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The euro sank to its lowest since September 2010 against the dollar on Thursday while the European Central Bank moved to support Italian bond markets after a debt sale did little to settle nerves about a daunting first quarter for Rome's finances. European shares held in positive territory in holiday-thinned trade, however, and stock index
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Industrial production dived in October, falling by 9.5% compared with October 2010. Manufacturing output in the same period fell by 8.6%. For the period January – October 2011, the production index recorded a decrease of 6.8% compared to the same period of the previous year. The latest data on turnover paint a similar picture. The
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Registrations of motor vehicles dropped by 17.5% in the first 11 months of the year to 33,826, from 41,023 in January – November 2010. Registrations of private saloon cars decreased by 16% to 24,431 from 29,075 in January – November 2010.
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The practice of indexing public- and unionised wages to inflaiton meant that earnings rose by 2.6% over the year earlier in the third quarter even while unemployment soared. In the third quarter of 2011 average monthly earnings of employees rose by 2.6% over the year earlier to EUR 1,905 (males EUR 2,091 and females EUR
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