According an analysis published by Reuters, Cyprus could become the next problem for the euro zone in the long term.
The number unemployed in Cyprus continues to increase according to information made public yesterday by the Statistical Services of Cyprus
This is an excerpt from a very interesting article posted on Financial Mirror about the Cyprus economic competitiveness and the failed attempts being made on promoting the tourist industry.
According to information by the Central Bank of Cyprus in the past 18 months at least 1500 Greek companies have moved their headquarters to Cyprus.
The KEO industry is currently going through desperate times and is preparing to fire almost a quarter of its personnel.