Deposit interest rates dropped in January, whereas lending rates rose except interest rates for consumer lending, according to data published by the Central Bank of Cyprus.Interest rate provided by...
The Euro area monetary policy should respond in due time taking into account the course of inflation, Finance Minister Makis Keravnos has told Spanish Central Banker and member of the ECB Governing...
Governor of the Central Bank of Cyprus (CBC) Constantinos Herodotou said Thursday that a reduction in interest rates should be expected within 2024, barring unforeseen developments. He also...
President of the German Bundesbank Joachim Nagel pointed out the need for the Eurosystem's tight monetary policy to continue, in order to address underlying strong price pressures.Speaking during an...
No interest hikes are expected in the next European Central Bank Governing Council meeting, as the latest available recent data suggest that the ECB rates have reached a level that, if maintained,...
Cyprus’ Finance Minister, Makis Keravnos, expressed his concern about the impact on the economy of the ongoing rise in interest rates at the informal Eurogroup and the ministerial meeting on EU...
The Central Bank of Cyprus (CBC) called on borrowers to be cautious and mindful of the rising interest rates imposed before selecting the terms of a loan contract.“The rising trend in interest rates...
The Cabinet decided Monday to amend the interest rate subsidy scheme for housing and corporate loans, to further support the economy amid the ongoing effects of the COVID-19 pandemic and the war in...
Today, in line with the Governing Council’s strong commitment to its price stability mandate, the Governing Council took further key steps to make sure inflation returns to its 2% target over the...
Net new loans for house purchasing rose to €114 million in June, reaching a new all-time monthly record since December 2014, when the Central Bank of Cyprus (CBC) began recording data. The rise was...