Unemployment one of lowest in Europe

CYPRUS has registered one of the lowest rates of euro area unemployment in June 2007 at 3.9 per cent, according to figures published by Eurostat, the Statistical Office of the European Communities.
In June 2007, the lowest rates were registered in the Netherlands (3.3 per cent), Denmark (3.5 per cent), Cyprus (3.9 per cent), and Ireland (4.0 per cent). Unemployment rates were highest in Slovakia (10.7 per cent) and Poland (10.2 per cent).

Twenty-two member states recorded a fall in their unemployment rate over a year and four an increase, while the unemployment rate was stable in Romania.
The largest relative falls were observed in Poland (from 13.9 per cent to 10.2 per cent) and Sweden (from 7.2 per cent to 5.3 per cent). The highest relative increases were registered in Luxemburg (from 4.6 per cent to 4.9 per cent) and Hungary (7.3 per cent to 7.7 per cent).

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.