According to Eurostat data released on Tuesday, employment rate for persons aged 15-64 in Cyprus stood at 71% in 2007 against 65.4% of the EU average. Compared with 2006, the employment rate has...
According to CYSTAT data released on Monday, the number of people out of work in June 2008 dropped to 10,509 compared to 10,727 in the corresponding month of 2007 (-218 persons). This drop was...
07/07/2008
In an announcement released today, National Bank trade union, SYPETE, criticized strongly the moves of the 10 thousand-member trade union ETYK. “In its first serious attempt to cause turbulence in...
04/07/2008
According to figures for the past twenty years released by StockWatch on Friday, there is a gap of million of euros between the pay rises in the public and financial sector and the rest of the labour...
04/07/2008
The publication of the study of the University of Cyprus Economic Research Unit set off the Central Bank’s reaction on Wednesday. A CB representative told StockWatch that the authority agrees with...
02/07/2008
The 265 thousand employees that receive ATA will enjoy significant pay rises. After the release of the inflation figures on Tuesday, the Finance Ministry calculated that the average increase in...
02/07/2008
The trade union of National Bank of Greece (Cyprus) announced on Wednesday that the bank will operate normally on Friday during the two-hour strike announced by ETYK. On Monday, ETYK declared a...
02/07/2008
According to a study released by the University of Cyprus Economic Research Unit, ATA is a bad recipe for economic progress. The study, which was carried out by Mr. Panos Pasiardis, distances itself...
02/07/2008
According to Eurostat data released on Tuesday, unemployment in Cyprus in May remained stable at 3.5%. Among the Member States, the lowest unemployment rates were registered in Denmark (2.7%) and...
01/07/2008
The dispute between ETYK and National Bank is expected to affect the banking system from Friday. In a circular released today, ETYK urged all its members to go on a 2-hour strike on Friday, July 4,...
30/06/2008