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01-06-2022 13:20

Labour Force Survey (LFS): 1st quarter 2022

Unemployment 6,6%According to the results of the Labour Force Survey, the labour force in the 1st quarter of 2022 amounted to 474.631 persons or 64,3% of the population (males 70,6%, females 58,6%) in comparison to 453.638 persons (62,2%) in the corresponding quarter of 2021 (Table 1).The number of employed persons was 443.327 and the employment rate 60,1% (males 66,3%, females 54,4%) in comparison to 414.668 persons (56,8%) in the corresponding quarter of 2021.The number of unemployed per...

01-06-2022 13:17

Press release by the Ministry of Foreign Affairs on the “AGAPENOR 2022” exercise

From May 29 until June 2, 2022, a large-scale military exercise in the territory of the Republic of Cyprus is taking place under the name “AGAPENOR 2022”, with the participation of naval, land and air force units of the Cyprus National Guard and the Israeli Defense Forces.The exercise is part of the regular Program of Bilateral Defense Cooperation between the Republic of Cyprus and the State of Israel. The aim of the exercise is to increase the level of defense readiness of the Cyprus Nation...

01-06-2022 12:50

Turnover Index of Retail Trade Except of Motor Vehicles: April 2022

The Turnover Value Index of Retail Trade for April 2022 increased by 8,4% compared to the corresponding month of the previous year (Table 1). For the same month, the Turnover Volume Index of Retail Trade decreased by 1,9% compared to the corresponding month of the previous year (Table 2).For the period January-April 2022, the value index is estimated to have recorded an increase of 10,2% and the volume index an increase of 1,3% compared to the same period of 2021. Table 1Code(NAC...

01-06-2022 10:32

Speech of the Minister of Defense, Mr Charalambos Petrides, at the New York Mediterranean Business Summit

Many thanks to the Hazlis & Rivas Economist team for hosting this Conference at the heart of New York City. Regardless of the events focus on business, growth and investments a horizontal issue pertaining all these areas is none other than security.I am honored to share the panel with esteemed speakers and even more delighted that our panel follows the insightful keynote address by Senator Menendez.Through the course of his remarkable career, his strong interest and focus on the Eastern...

01-06-2022 10:28

Photo Album - Assumption of duties by the new PIO Director

The Permanent Secretary of the Ministry of Interior, Mr Costas Constantinou, welcomes the new Director of the Press and Information Office, Ms Aliki Stylianou, on the occasion of the assumption of her duties, at the Press and Information Office.