The adoption of a new strategy to attract businesses to the country has led to an “impressive increase of interest”…
Hellenic Bank posts €55.4m profits in first half of 2022
Hellenic Bank recorded profits totalling 55.4 million euros in the first half of 2022, according to the financial results it…
Pound falls to 37-year low as poor retail sales lift economic woes
The pound on Friday tumbled to a fresh 37-year low on the U.S. dollar, and a 17-month trough on the…
MinFin: Cyprus is 9th in the EU in terms of minimum wage
Cyprus is among the top nine EU countries that enforce a national minimum wage (NMW), says to the Ministry of…
UK inflation falls unexpectedly as fuel prices drop
Lower fuel prices caused an unexpected fall in British consumer price inflation in August, official figures showed on Wednesday, offering…
Hellenic Bank to terminate negative interest rates on non-household deposits
Hellenic Bank will terminate negative interest rates on non-household Euro accounts, it said in an announcement on Tuesday. The decision…
Google faces €25 bln damages claims in UK, Dutch courts over adtech practices
Google will face damages claims for up to 25 billion euros over its digital advertising practices in two suits to…
Analysis: As ether makes energy-saving software switch, will bitcoin follow?
By Avi Asher -Schapiro Ethereum, the blockchain underpinning the world’s second-largest crypto token ether, is poised for a software upgrade that will…
European shares rise on gains in bank, Ukrainian advances
European shares rose on Monday after Ukrainian forces made rapid gains in recapturing some seized territories, while banks advanced for…
Surging prices hit UK economic growth, raise recession risk
Britain’s economy grew by less than expected in July, raising the risk that it is already in a recession, with the sharp…