Britain’s new economic agenda represents the biggest gamble for growth in a major Western democracy in at least 40 years,…
Reduction of excise duty on fuel to continue until January 2023
During an extraordinary meeting, the Cabinet decided to continue the reduction of excise duty on fuel until January 2023, aiming…
Cost of crypto: report says U.S. bitcoin as dirty as 6 million cars
By Avi Asher-Schapiro The carbon footprint of the U.S. bitcoin industry is rising at breakneck speed, a report from environmental…
Eurobank Cyprus to terminate negative interest rates on deposits
Eurobank Cyprus announced on Friday that it is terminating negative interest rates on deposits held by legal entities. The decision…
More foreign companies wishing to relocate to Cyprus, Interior Minister says
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…