Tag: European Central Bank

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...

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)...

New co-operative bank launches €42m public share offer

The Cyprus Co-operative movement has launched a €42 million public share offer to raise capital for the creation of a new Co-op bank. The public...

Rising oil prices pose wider economic risks

Rising Middle East oil prices are expected to have consequences far beyond higher fuel costs, with an economist warning of mounting inflationary pressures, possible interest rate...

ECB cracks down on ‘dictator’ as staff committee election goes rogue

The European Central Bank's latest staff committee race produced a candidate promising a "Supreme Consultative Dictatorship," mandatory applause sessions, the abolition of independent thought,...

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ON THIS DAY: The September 11 attacks of 2001

Anthropic blocks AI biological weapons attempts

Anthropic says it has identified and disrupted attempts to...

85-year-old man dies after being struck by reversing vehicle in Anthoupoli

An 85-year-old man, Andreas Christou, has died after being seriously injured in...

EU aid programme allocates €34m to Turkish Cypriots

The European Commission on Friday approved an EU aid programme worth €34 million...

Bomb threat alert lifted at Larnaca Airport

A bomb threat at Larnaca Airport triggered security protocols and grounded a flight...
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