Cash inflow in state-owned asset manager, KEDIPES amounted to 115.2 million in the second quarter of 2022, down by 0.9% compared with the first quarter of 2022, marking an increase of 20.9% year on...
The European Central Bank (ECB) Governing Council convenes in Limassol on Wednesday with European Central Bankers set to discuss the issue of shrinking the ECB’s balance sheet, called “quantitative...
05/10/2022
Lending interest rates in Cyprus rose for a second consecutive month in August, with credit institutions pricing rate hikes by the European Central Bank and increased credit risk due to uncertainty...
05/10/2022
The Economic Policy Uncertainty (EPU) index for Cyprus reached its highest point so far in April 2022, after the Russian invasion in Ukraine last February. The second highest EPU level was recorded...
05/10/2022
The European Central Bank Governing Council is set to begin discussions on shrinking its balance sheet in its non-monetary policy meeting to be held in the coastal city of Limassol, in Cyprus on...
04/10/2022
The next meeting of the Governing Council of the European Central Bank will be held on 5 October in Cyprus, ECB President Christine Lagarde announced in a Twitter post on Monday, adding that an...
04/10/2022
There is a need to accelerate energy consumption reduction and investments in energy efficiency and interconnection, Cyprus' Finance Minister, Constantinos Petrides, tweeted, regarding the Eurogroup...
04/10/2022
Cyprus' current account deficit increased in the second quarter of 2022, while the international investment position (IIP) showed a slight deterioration, with the net external debt increasing by €1....
04/10/2022
The role of Research and Innovation Foundation and its contribution to the progress that Cyprus has demonstrated in these fields were hailed by Finance Minister Constantinos Petrides, during a visit...
03/10/2022
The Council of Ministers approved on Friday the 2023 state budget which is the greenest ever submitted, Minister of Finance Constantinos Petrides said.Speaking to the press after the Cabinet meeting...
03/10/2022