Cyprus News Agency: News in English, 13-01-04

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From: The Cyprus News Agency at <http://www.cyna.org.cy>

CONTENTS

[01] Cyprus University of Technology receives Investors in People

distinction

[02] Euro area inflation estimated at 2.2% in December

[01] Cyprus University of Technology receives Investors in People distinction

This certification is the only internationally recognised quality standard in the sector of management and the development of human resources, which contributes to continuous improvement through the implementation of best practices.

According to a press release, the significance of the certification is enhanced by the fact that the Cyprus University of Technology is the first public organisation and the first public university in Cyprus and Greece to receive this distinction.

[02] Euro area inflation estimated at 2.2% in December

A press release issued today says that looking at the main components of euro area inflation, energy (5.2% compared with 5.7% in November) is expected to have the highest annual rate in December, followed by food, alcohol & tobacco (3.1% compared with 3.0% in November), services (1.8%, compared with 1.6% in November) and non-energy industrial goods (1.1%, stable compared with November).

The final figures for the inflation rate in the EU, the Eurozone and the Member States will be published on 16 January.

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