Tag: 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...

Consumer and business loans become more expensive

Credit activity in Cyprus slowed significantly in July 2026, with net new loans falling to €415 million, compared with €626.2 million in June, a...

How Cyprus banks are pricing in Middle East war risks

The war in the Middle East has moved beyond general warnings and into the adverse-scenario probabilities and expected credit losses calculated by Cyprus' three...

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...

One million more UK homeowners set to face higher mortgages

More than five million homeowners in the UK are now expected to see their mortgage payments increase by the end of 2028, according to...

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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...

Sotira explosion: All scenarios under investigation 30-year-old in critical condition

A 30-year-old man is in critical condition at Nicosia...
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