But shows Q4 rise under different definitions The number of registered unemployed fell to 11,363 in April, or 3.2% of the workforce, from 13,730, or 3.9% in March according to the Statistical Service CYSTAT. Of the total, 10.7% had been unemployed for over one year–rather lower than the proportion according to the Labour Force Survey

(CYSTAT) The following results of the Labour Force Survey refer mainly to the 4th quarter of 2005, while comparison is made with the 3rd quarter of 2005 and the 4th quarter of 2004. 1. Labour Force The Labour Force (i.e. the employed and the unemployed persons) in the 4th quarter of 2005 amounted to 369.874

Cyprus and Malta signed on Friday an agreement in Brussels on Friday to participate in the European Union Prince programme to inform their citizens about the euro. “Signing this agreement is proof that the EU believes that we are on the right track to join the Eurozone on January 1, 2008,” Cypriot Finance Minister Michalis

…revises long term targets Laiki Bank Group beat market expectations by a wide margin reporting net profit of CYP 20.2 mln for the first quarter of 2006, which were 126% higher than the first quarter profits of CYP 8.9 mln reported a year ago. The annualised Return on Equity of the Group reached 17.1% while

Logicom Plc (LOG) reported its first quarter results ending March 31, 2006 posting a net profit of CYP 823.000 from CYP 630.000 a year earlier while its EPS improved to 5.33 cent from 4.08 cent a year ago. Revenue increased by 86.7% to CYP 41.5 mln on the back of an increase in sales in

The easing of international oil prices continues to have a dramatic impact on inflation in Cyprus, with consumer price inflation dropping to 1.43% in October, down from 2.38% in September and more than 3% in May-August. The Statistical Service reported that the main reasons for the huge drop in October were falling petrol prices, and