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Cyprus saw the second largest decrease in the payments of unemployment benefits in August, according to figures released by the Social Security Services. Around EUR 4.7 mln were paid in unemployment benefits in August of the year, a decrease of 47.3%, from EUR 9.0 mln in the same month of 2013. Based on available data, the largest annual decline in unemployment benefit payments was 68.3% and was recorded in April. For the first eight months of the year, unemployment benefit payments decreased by 11.3%, compared to the same period last year.