The new economic environment in Cyprus is highly competitive and all businesses, employers and the public sector must become more competitive, Labour Minister, Makis Keravnos said on Monday. “We...
Few days after the increase in interest rates by one percentage point by the Central Bank of Cyprus, economists have expressed their divergent views on the issue. At a StockWatch article released on...
05/05/2004
Hellenic Bank Strategic Development Manager, Yiannis Telonis told StockWatch on Monday that as soon as Cypriots ascertain that the Central Bank “has taken seriously the issue of monetary stability”,...
03/05/2004
The Monetary Policy Committee of the Central Bank of Cyprus decided on Monday to increase the key borrowing and deposit rates (Lombard at 5.5% and deposit facility rate at 3.5%) by 1%. According...
30/04/2004
The latest report of the Economist Intelligence Unit released last week expresses doubt on government’s capacity to reduce the fiscal deficit and proceed to economic reforms, reiterating that the...
17/11/2003
The Monetary Policy Committee of the Central Bank of Cyprus decided on Friday to leave the Lombard and Overnight Deposit Facility interest rates unchanged at 4.5% and 2.5% respectively, as set on...
17/10/2003
CB Governor, Christodoulos Christodoulou said on Friday that the decline in unproductive expenditure, the increase in revenues and an ambitious development process will enable the Cyprus economy to...
11/07/2003
The Monetary Policy Committee of the Central Bank of Cyprus decided on Friday to leave the key official interest rates unchanged, taking into account the performance of the international and domestic...
11/07/2003
The Monetary Policy Committee of the Central Bank of Cyprus is considering leaving the key official interest rates, Lombard and Overnight Deposit Facility, unchanged at 4.5% and 2.5% respectively...
11/07/2003
The Central Bank of Cyprus announced on Friday that the «default» interests to customers that lag to pay off their loan installments or have exited their overdraft facilities in the commercial...
20/06/2003