Free energy market pushed back

The much-awaited liberalisation of Cyprus’ energy market has been slotted for mid-2023, as the government informed the House it is adding the final touches to the regulatory framework. The Transport Ministry told

Market mood fragile ahead of US CPI

By Lukman Otunuga, Senior Research Analyst at FXTM A sense of deep unease rippled through financial markets on Tuesday as concerns over the global growth outlook and geopolitical threats left investors on

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Inflation dents home-owning dreams

Hiking inflation is threatening to halt an upward trend in housing loans from Cypriot banks recorded in the past two years, as interest rates are being pushed up. Cyprus bank officials say

Increasingly pessimistic

By Craig Erlam European stock markets are poised for another weak open as much of Asia reopened on Tuesday to large declines. Asia is flashing red as it nears the close and

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Cyprus to focus on asylum abusers

Cyprus believes there is an abuse of the EU asylum system and that some applicants falsely claim they are at risk from countries such as Syria, said Interior Minister Nicos Nouris. In

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Flat start to the week

By Craig Erlam There’s mild risk aversion in the markets at the start of the week, perhaps some apprehension ahead of what could be a big few days for the U.S. The

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