ECB’s Centeno sees rate cut coming sooner than recently thought
The European Central Bank (ECB) will cut its key interest rates sooner than it recently thought and should not wait until May to make a decision, as there are no ...
Central government debt down 5% since June
The central government’s debt fell by 5.6 per cent between June and September to €22.5 billion.
The figure amounts to a €1.33bn reduction over the course of the three-month period in ...
Our View: Change of economic tune is necessary
It was encouraging to hear Finance Minister Makis Keravnos defending the government’s decision to end the subsidy of all electricity bills and the reduction of the consumer tax on ...
Cypriots have low confidence in financial advice from bank officials
Cypriots have low confidence in bank officials when it comes to their advice on making financial decisions, while about one-third claim their basic rights had been breached at least once ...
Progress made on bill which would release €85m by EU
Lawmakers on Monday made more progress on a government bill aimed at reducing the stock of non-performing loans on banks’ books – a pledge Cyprus made to the EU in exchange ...