January 2012

Cyprus unemployment up by 0.5 %

By legalwise_admin - 9th January 2012

CYPRUS unemployment rate for the third quarter of 2011 reached 7.6% of the labour force, recording an increase of 0.5% compared to the previous quarter, figures released today...

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Cyprus is becoming a much more powerful EU country says Polish MEP

By legalwise_admin - 9th January 2012

Polish MEP Artur Zasada said Wednesday he feels that Cyprus is becoming a much more powerful country within the EU. Speaking after a meeting with President of the...

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Finance Minister reveals large foreign investment in Cyprus

By legalwise_admin - 9th January 2012

Minister of Finance Kikis Kazamias revealed on Wednesday that a foreign investor is seriously interested in investing in a large project that would boost both the flagging construction...

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Breaking News: President announces natural gas discovery offshore Cyprus

By legalwise_admin - 9th January 2012

Cyprus President Demetris Christofias announced that the results of Noble Energy’s exploratory drilling in Cyprus’ block 12 are positive, describing the discovery of hydrocarbons as historic for the...

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Noble Announces Natural-Gas Discovery Off Coast of Cyprus

By legalwise_admin - 9th January 2012

Dec. 28 (Bloomberg) — Noble Energy Inc. said a field off the coast of Cyprus may hold as much as 8 trillion cubic feet of natural gas, the...

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Cyprus: Offshore Gas Find Gets Investor Interest

By legalwise_admin - 9th January 2012

A field off Cyprus where U.S. firm Noble Energy is conducting exploratory drilling holds an estimated 5-8 trillion cubic feet (140-230 billion cubic meters) of natural gas, a...

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Eurostat: Cyprus has one of the highest increases in unemployment within the EU

By legalwise_admin - 9th January 2012

CYPRUS recorded one of the highest increases in unemployment among EU member states, together with Spain and Greece, from November 2010 to November 2011, according to Eurostat figures...

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State forced to act as unemployment surges in Cyprus

By legalwise_admin - 9th January 2012

TACKLING unemployment appears to be the government’s priority this year as the economy falters, and the number of unemployed in Cyprus climbs to record highs. Government Spokesman Stephanos...

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