The burning issue of inflation was the subject of an online event held last Wednesday by the Cyprus Association of Economists (EOK) titled ‘Price Rises: Inflation Principle or Something Else?’.
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By Maria Demertzis
The discovery of the latest Omicron variant of COVID-19 sent stock markets into a freefall on Black Friday. However, markets recovered on Monday and have since shrugged ...
By Achilleas Demetriades
The economic repercussions of Covid 19 are still being felt. Governments throughout the world have rightly stepped up with huge economic stimulus programmes to address the immediate negative ...
European Union finance ministers agreed on Monday that the current surge in consumer prices would subside next year and that high public debt created by the pandemic had to be ...
Most businesses said they saw a rise in prices of up to 30 per cent in the past six months, according to the results of a survey published on Friday.
The ...
From coffee to plastic, companies left waiting months for orders to arrive, then hit by massive price rises
Importers and manufacturers are warning that while some price increases have so ...
Finance Minister Constantinos Petrides voiced concern on Thursday over the risk to the economy from rising prices but said that inflation is currently viewed as transient.
Speaking to reporters on ...
Failure to learn from economic history condemns the rest of us to its repeat, or worse
By Andrew Shouler
The world may not yet have reached the critical moment, its ...
The rate of inflation in Cyprus remained high in September – registering at 4.1 per cent – though lower than the 5 per cent of the previous month, according to the Statistical Service.
Energy ...
Prospects for growth in southern European countries are in jeopardy
Following the global recession and the European sovereign debt crisis the ECB adopted a policy of monetary accommodation to raise ...