Latest data by the European Central Bank show an increase in the deposit and lending rates in Cyprus, lowering expectations for gradual deceleration. According to the figures, mortgage rates in...
Parliament President Yiannakis Omirou suggested reducing tax on interest receivable to 12.5% from 30% in order to allow the reduction of deposit rates and hence lending rates. In his statement in...
04/02/2015
The study of the technocratic group of Central Bank on interest rates is expected to be completed within the next few days. The study is expected to be brought before the CB board which convenes on...
28/01/2015
President of the European Central Bank, Mario Draghi announced on Thursday a quantitative easing programme of €60 billion per month to stimulate growth and to address the threat of deflation....
22/01/2015
The European Central Bank decided on Thursday to leave interest rates unchanged. The ECB announcement is as follows: At today’s meeting the Governing Council of the ECB decided that the interest...
22/01/2015
The depositors were the main losers of the Central Bank’s previous intervention to reduce interest rates, StockWatch analysis shows. The figures given by the central bank, show that the last time...
22/01/2015
The Governor of Central Bank Christalla Georghadji announced the upcoming reduction of interest rates. Speaking to the parliamentary Committee on Institutions Mrs. Georghadji said that the Central...
20/01/2015
The lending and deposit rates in Cyprus remain almost double than the rest of the eurozone, despite the slight decline in mortgage interest rates in November. CB's assurances that the cost of...
08/01/2015
The Ministry of Finance is organizing road shows to brief bond investors about the improved fiscal performance of Cyprus and ease fears about reform fatigue in the implementation of the adjustment...
04/12/2014
The lending and deposit rates in Cyprus are still the highest in the euro area, intensifying pressures on the Central Bank of Cyprus to take necessary measures towards alleviating the situation....
03/12/2014