Economy
Economy
Cyprus sees Surge in deposits and loans in March
In March, both total deposits and total loans in Cyprus experienced an upward movement, with liquidity (the difference between...
Economy
Bank of Japan keeps rates steady, tweaks JGB-buying language
The Bank of Japan kept its short-term rates steady on Friday while removing a reference to the amount of...
Economy
ANALYSIS-Tesla’s plan for affordable cars takes page from Detroit rivals
Elon Musk's new plan to use current product lines as the basis for new affordable vehicles — rather than...
Economy
German unemployment seen rising to highest level in almost a decade
Germany's economic weakness is finally taking a toll on the labour market, with the number of unemployed workers expected...
Economy
New agreement to ease white goods repair concerns
Today, Friday the 26th or Monday the 29th of April, the agreement between the Cyprus Consumers Association and the...
Economy
Rich migrants are welcome in Cyprus
Cyprus is considering easing residency permit requirements for foreign nationals under a proposed bill.
The proposed legislative changes would grant...
Economy
French airport strikes ground flights across Europe
Delays and flight cancellations were set to impact swathes of Europe on Thursday, after authorities failed to reach a...
Economy
Air traffic controller strike threatens disruptions at French airports
A planned air traffic controller strike in France on Thursday is expected to cause significant disruptions at the country's...
Economy
President announces increase in low pensioners Easter allowance
The President of the Republic, who chaired today's meeting of the Council of Ministers, announced an increase in the...
Economy
Government spent €40 million on Ukrainian refugee accommodation, audit finds
An Audit Office report has revealed that the Cypriot government spent approximately €40 million for the accommodation of Ukrainian...
Economy
EU Parliament approves ban of products made with forced labour
The European Parliament approved rules on Tuesday to ban in the EU the sale, import and export of goods...
Economy
Electric car sales to rise but affordability in focus, IEA says
Electric car sales will rise strongly in 2024 despite economic headwinds in some markets, the International Energy Agency (IEA)...
Economy
India’s polished diamond exports drop 27.5% as key markets falter
India's cut and polished diamond exports in 2023/24 plunged 27.5% from a year ago to a $15.97 billion due...
