German exports leap in May

Exports from Germany rose by 3.8% in May, much higher than previous expectations of only a 0.5% rise. Analysts put the strong growth down to the weaker euro. The euro has been

Cyprus slammed for vehicle registration failures

The European Commission has sent reasoned opinions to Cyprus, Denmark, Luxembourg, Portugal and the Czech Republic for failure to transpose European legislation on the introduction of a harmonised registration certificate into national

Cyprus refinancing rate unchanged at 3.25%

The Central Bank of Cyprus kept official interest rates unchanged as expected at its regular Monetary Policy Committee meeting on Friday July 8. The interest rate on the marginal lending facility remains