Even three international bailouts of 326 billion euros ($323.55 billion) from 2010-18 couldn’t hold down Greece’s debt but it brought conditions to keep spending in line with revenues the New...
The UK’s credit outlook was lowered to negative from stable by Fitch Ratings, which cited risk the government’s new growth plan could increase the nation’s fiscal deficit.Source: Bloomberg
06/10/2022
The White House has accused Opec+ of aligning with Russia after Saudi Arabia led the group in agreeing deep oil production cuts, prompting a backlash from countries already battling surging energy...
06/10/2022
Total spending on research activities in Cyprus amounted to just 0.85% of the Gross Domestic Product (GDP) or €184.8 million in 2020, compared to €164.4 million or 0.71% of GDP in 2019, while the EU...
06/10/2022
Data collected by the Long Covid Cyprus network of the Cyprus Federation of Patients' Associations from the Health Insurance Organisation showed that by the end of last month, a total of 29,377...
06/10/2022
The future of the banking sector is digital, green and social, said the participants at the 3rd online FMW Conference, titled "Banking System: New Challenges and Opportunities". The Conference also...
06/10/2022
Cyprus Health Ministry issued an announcement Monday recommending citizens who have taken the booster/4th dose of the COVID vaccine and 5 months have already elapsed, to get their 5th dose with the...
05/10/2022
Moody's Investors Service on Wednesday including their long-term bank deposit ratings to Ba2, from Ba3, maintaining positive outlook citing “the resilience of the Cypriot economy that is supporting...
05/10/2022
The number of registered unemployed in September 2022 increased compared to September last year, according to both actual and seasonally adjusted data, released by the Cyprus Statistical Service....
05/10/2022
The Permanent Representatives of the 27 Member States of the European Union reached a political agreement on Wednesday morning, during the regular meeting of COREPER, on the eighth EU sanctions...
05/10/2022