Tag: ECB interest rates

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...

How the Middle East crisis could affect Cyprus’ economy and tourism

Economist Yiannis Telonis has warned that the ongoing geopolitical crisis in the Middle East could place pressure on the Cyprus economy, particularly through rising...

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President on housing schemes: 570 state-owned plots offered at 25% of their value

The current government has invested more than €300 million...

Tragedy involving 3-year-old boy: Authorities investigate circumstances of death

Police are investigating the circumstances and cause of death...

Limassol crash: Vehicle overturns, four people slightly injured

A traffic accident occurred on Saturday morning in the...

Mazonakis: Funeral in Nikaia on Monday, evidence puts doctors under scrutiny

New details are emerging from the investigation by police...
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