Displaying items by tag: unemployment

Cypriot unemployment decreased to 15.3% in May, which marks the nation's second consecutive 2014 stride.

The Cypriot Labor Ministry has brought forth a bill requesting the relocation of 170 million euros in pension accounts to the social security fund, to assist in increasing unemployment allocations.

As reported by a European Commission document, Cypriot financial adjustment protocols are continuing on the right path, while implementation strides have been achieved in all major sectors, however some challenges remain.