Tag: ecb

Legislation for digital euro nears completion – Set to launch in 2029

The digital euro launch planned for 2029 will mark a major step in Europe’s move towards digital payments, with the European Central Bank (ECB)...

Cyprus banks cut 4,634 jobs and close 370 branches in ten years

Bank branches in Cyprus have declined significantly over the past decade, with banks closing 370 branches and reducing their workforce by 4,634 employees between...

ECB says food costs up 34% for eurozone households since 2019

Food inflation rises faster than overall prices The ECB says food costs are up 34% for eurozone households since 2019, a much sharper rise than...

Digital euro launching in 2025: What it means for cash

The European Central Bank (ECB) is preparing to roll out the digital euro in 2025, pending the necessary EU legislation to support it. “We are...

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Panama Canal restrictions tighten as El Niño hits

Panama Canal's operator is to cut the number of...

Serious road crash leaves 14-year-old e-scooter rider injured

A serious crash occurred in Trachoni shortly after midnight...

145 tonnes of invasive fish caught in Cyprus waters over two years

Almost 145 tonnes of silver-cheeked toadfish have been caught...

Wave of complaints over sewage on Limassol beaches

New complaints about sea pollution in the Limassol district,...
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