The eurozone's unemployment rate dropped to 10.9% this past July, marking the first time it has deceased under 11% since February of 2012, as revealed by EU statistics firm Eurostat.

In Cyprus, the seasonally altered GDP in 2015's first quarter increased by 1.6%, in comparison to the previous timeframe.

The Cypriot unemployment figure declined this April, marking 15.6%, as confirmed by Eurostat.