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781. Unemployment in Cyprus drops to 6.5%

The euro area seasonally-adjusted unemployment rate was 7.5% in June 2019, down from 7.6% in May 2019 and from 8.2% in June 2018. This is the lowest rate recorded in the euro area since July 2008. The EU28 unemployment rate was 6.3% in June 2019, stable compared with May 2019 and down from 6.8% in June 2018. This remains the lowest rate recorded in the EU28 since the start of the EU monthly unemployment series in January 2000. These figures are published by Eurostat, the statistical office of the European Union ...

782. Talent shortages costing European private businesses €414 billion each year

European private businesses’ biggest challenge is the increasingly growing skills shortage that is preventing them from hiring the right talent for growth. A PwC survey across 31 European countries shines a spotlight on a wider, ongoing issue across the region. PwC estimates that the skills shortage is costing the region €414 billion annually in lost revenues - just from private businesses. That’s around 2.6%of European GDP and is more than the combined annual GDP of Greece and Portugal. ...

783. David Harris: US closer to Greece, Cyprus, Israel

Washington recognizes Greece’s strategic value and reliability as an ally, attributes that only grow stronger as doubts deepen over Turkey’s stance, American Jewish Committee (AJC) CEO David Harris tells Kathimerini in an interview...

784. Cyprus beer exports double

785. Cyprus records highest electricity price increase in EU

786. Power cuts blamed on weather

A sudden load decrease at the Vasiliko power plant caused a brief and partial blackout in Cyprus on Tuesday morning...

787. Cyprus wants more German tourists

788. Cyprus third in EU citizenships relative to population

Cyprus came in third place for highest number of citizenships granted in 2017 relative to population, while there was an EU-wide decrease in the overall numbers from previous years...

789. CYTA forecasts budget deficit for 2019

790. Illegal migrant arrivals fall but stronger borders needed, says Frontex chief

The number of illegal migrants entering the European Union fell sharply for the third year in a row in 2018 but arrivals remain high and stronger border controls are needed, the head of the EU's border control agency Frontex said Wednesday....

791. Cyprus to reduce greenhouse emissions by 24% by 2030

792. Revenue from tourism increases 2.1%

793. Tourist arrivals at an all time high

794. Hemp farmer arrested for growing cannabis

A licenced hemp farmer in Limassol has been arrested for growing 120 cannabis plants in violation of industrial hemp regulations...

795. Eurostat confirms Cyprus 1.8% budget surplus

796. Fitch Ratings upgrades Cyprus to investment grade

797. Tourist arrivals hit record high in September

Tourist arrivals in Cyprus recorded a historic high in September 2018 and in the first nine months of the year staying above the 3 million mark...

798. Alpha Bank Cyprus unloads NPLs worth €400 million

799. Astrobank in talks to buy National Bank of Greece Cyprus unit

800. August tourist arrivals highest ever

The Cyprus Tourism Organization says tourist arrivals on the island have never been better for the month of August until this year, as new countries are filling the void created by bigger markets...

801. Hellenic mulls over selling delinquent loans

Hellenic Bank posted a €35 million net profit for the first half of 2018, with the bank’s CEO Ioannis Matsis stating that the bank is ready to launch a tender for the sale of a portfolio of non-performing exposures within the next six months...

802. Seven thousand fewer jobless in one year

The number of registered unemployed in Cyprus decreased in August 2018 by 7,137 people or 23%, compared to August last year...

803. Overall retail rise not overshadowed by slight drop

Retail trade volume in Cyprus dropped by 0.8% in April 2018 compared to March, but rose by 5.8% since a year ago...

804. Cyprus jobless drop in May biggest in the EU

Cyprus recorded the largest unemployment drop in the European Union for May 2018, dropping to 8.4% from 8.6% the previous month...

805. Sales of petroleum products record monthly increase

A press release issued by the Statistical Service of Cyprus says that a rise was recorded in the provisions of Gasoil for Marine use and Aviation Kerosene, as well as in the sales of Heavy Fuel Oil....

806. Booming Cyprus breaks more tourism records

An influx of Russian and British tourists has helped Cyprus break more records for the number of arrivals this year...

807. Some 32% of child asylum seekers are unaccompanied minors

In 2017, 225 unaccompanied minors applied for asylum in Cyprus making up 32.4% of all asylum applications it received, official EU data showed on Wednesday....

808. Cyprus tourism income spikes 13%

Revenue from Cyprus tourism jumped 13% in February compared to last year, official data showed Friday...

809. Cyprus registers biggest dip in unemployment in EU

Cyprus recorded the EU's largest annual dip in unemployment in March, from 12.3% to 9.1% followed by Greece (23.2% to 20.6%, Croatia (11.8% to 9.4%) and Portugal (9.7% to 7.4%), according to Eurostat...

810. Cyprus recovery is being recognised by international agencies

Fitch does not currently anticipate developments with a high likelihood of leading to a downgrade...