Tag: European Central Bank

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

Cyprus
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

Economy
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

International
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,...

EU to vote on Digital Euro to cut dependence on US technology

Economy
The European Union believes the digital euro could reduce its reliance on US-based payment systems such as Visa and Mastercard, as well as Apple...

ECB warns prolonged Middle East conflict could spike eurozone inflation

Economy
A prolonged conflict in the Middle East and a sustained reduction in energy supplies could trigger a sharp rise in Eurozone inflation and weigh...
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AKEL to hold meeting on presidential elections

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

Paphos: Rescue operation launched for 10 people aboard sinking vessel

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

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

Cyprus
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

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