Tag: ECB interest rates

Tourism faces cost pressures; last-minute bookings bring relief

Economy May 27, 2026 at 16:19

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

Economy April 14, 2026 at 15:38

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

Economy March 9, 2026 at 14:57

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

Economy March 6, 2026 at 09:03

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