Tag: ECB interest rates

Central Bank warns prolonged energy shock could fuel inflation

Central Bank of Cyprus Governor Christodoulos Patsalides has warned that prolonged energy pressures are increasing inflation risks and threatening the economic outlook, calling for...

ECB raises interest rates to 2.5%

The European Central Bank has raised its interest rates as the conflict in the Middle East continues to fuel inflationary pressures, with inflation expected...

Tourism faces cost pressures; last-minute bookings bring relief

Cyprus has recorded a significant economic impact following recent geopolitical tensions, with economist Tasos Yasemides highlighting pressure points in tourism, inflation and household purchasing...

Interest rate hikes expected in June amid war impact

Energy markets under pressure Global energy markets are facing renewed volatility as geopolitical tensions in the Middle East intensify, with analysts warning that the situation...

European stocks fall to their lowest level in two months

Markets hit by energy and inflation concerns European stocks dropped to their lowest levels in over two months on Monday as a sharp rise in...

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AKEL to hold meeting on presidential elections

AKEL's Central Committee convened on Saturday, 31 October, at...

Paphos: Rescue operation launched for 10 people aboard sinking vessel

Cypriot authorities carried out a rescue operation involving ten...

Limassol: Youths throw object at delivery driver, injuring his head and nose

Cyprus Police are investigating an incident in Limassol in...

Missing 61-year-old Olga: Witness reports hearing a scream and seeing a car with its boot open

A witness account describing a scream heard near the...
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