Labour Minister stable but critical

Labour Minister Zeta Emilianidou’s condition is stable but critical after being placed in an induced coma following surgery for a brain haemorrhage at a hospital in Greece. Emilianidou, 67, suffered a rupture

Sentiment shaky on growth worries

By Lukman Otunuga, Senior Research Analyst at FXTM It’s a new week but the same old story for financial markets as global growth concerns and inflation fears leave investors on edge. Asian

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Sub-standard halloumi sold on market

Authorities are cheesed off with Halloumi makers as one in five packages of the island’s traditional cheese sold in supermarkets do not meet the required standards. Just over a year since Halloumi’s

Flip-flop in the markets

By Jeffrey Halley It was another night of tail-chasing, this time led by Goldman Sachs that said a US recession is a real possibility and that the US Dollar might fall as

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Large-scale rescue drill off Cyprus

After a two-year absence, the multi-national civil-military exercise ‘Argonaut 2022’ involving the US, UK and Israel is taking place off Cyprus this week. Seven countries are participating in rescue drills onshore, and

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EU halves Cyprus 2022 GDP growth to 2.3%

Cyprus’ GDP growth will slow considerably as the war in Ukraine pushes inflation to unprecedented heights, according to the European Commission. In its Spring forecasts on Monday, the European Commission revised its

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