Cyprus’ economy expanded by 3.2% in the second quarter of 2019 on an annual basis, racking up 18 quarters of consecutive growth, official data showed Friday. Compared with the previous quarter, seasonally
By Lukman Otunuga, Senior Research Analyst at FXTM A positive vibe is sweeping across financial markets Friday morning as renewed hopes for progress in US-China trade negotiations uplift global sentiment and boost
Cyprus annual inflation rate remained in negative territory for a third consecutive month in August at -0.7% as food and energy prices dipped. In August, the Consumer Price Index increased by 0.30
Cyprus tourism revenue declined 2% in June for the second month running while arrivals remain at the same high level as last year. More worryingly, the June figures are the fourth time
By Lukman Otunuga, Senior Research Analyst at FXTM The dramatic Brexit showdown in Parliament is certainly keeping investors on their toes and injecting Sterling with explosive levels of volatility. It seems everyone
International credit rating agency DBRS says Cyprus is among a group of European countries in which the outstanding mortgage debt as a percentage of GDP has shrunk between 2008 and 2019. Cyprus
* No-deal Brexit chances grow slim By Han Tan, Market Analyst at FXTM Risk appetite was given a rare opportunity to break through the gloomy clouds that hung over markets of late.
Defunct Laiki Bank unsecured depositors who suffered a haircut are to receive a pittance as compensation for losing savings above the €100,000 guarantee when Cyprus’ banking system imploded in 2013. Unsecured depositors
The number of registered unemployed in Cyprus during August decreased 16.7% on an annual basis to under 20,000, official figures showed on Wednesday. Unemployed persons registered at the District Labour Offices on
As part of its reform agenda, Cyprus will establish a Deputy Ministry of Innovation and Digital Policy next year following the cabinet’s decision to approve a bill to be tabled before parliament.
