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Cypriot Unemployment February Rate Rose Marginally

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Cyprus' unemployment figure rose marginally in February to 16.3%, in comparison to January's 16.2% rate.

As revealed in a Eurostat analysis, the euro region's seasonally altered unemployment figure marked 11.3% last month, compared to 11.4% in January. February of 2014 held 11.8%, which was the smallest percentage experienced since May 2012.

The EU28 unemployment figure held at 9.8% last month, compared to 9.9% the previous month, while February 2014 marked 10.5%. Greece experienced the biggest unemployment figure at 26.0% this past December, while the lowest nations included Germany and Austria.