The largest proportion of general government gross debt held by non-residents was recorded in Cyprus (93%) in 2022, compared to EU countries for which data are available, according to Eurostat. After Cyprus, the
As the date of the NATO summit (July 11) in Vilnius approaches, the question of Sweden’s accession to the alliance is gaining currency because of Turkey’s opposition. On May 16, 2022, the
By Craig Erlam Markets ended the week on a positive note, but there remains enormous uncertainty around inflation and interest rates that look set to continue throughout the summer. Expectations are changing
By Craig Erlam The ECB raised interest rates by another 25 basis points on Thursday and signaled there’s more to come as it significantly revised up its core inflation forecasts for this
The full-scale war in Ukraine, conflict elsewhere, and climate-driven upheaval meant more people than ever remained uprooted from their homes last year. Heightening the urgency for immediate, collective action to alleviate the
The Foreign Ministry said it is “deeply saddened” by the tragic news of the shipwreck off Pylos, Greece, that claimed the lives of at least 79 migrants. In a Twitter post, the
Binance has applied to be removed from Cyprus’ register of crypto asset service providers in a move it said would allow the crypto exchange to focus on its larger European businesses. It
Minister of Energy George Papanastasiou is in Israel to meet his Israeli counterpart to discuss the possible import of natural gas and build the associated infrastructure. He also hopes to resolve a long-running dispute
By Han Tan, Chief Market Analyst at Exinity Group The Federal Reserve is widely expected to hit the pause button on Wednesday on its rate hike campaign that began over a year
Nicosia believes President Nikos Christodoulides’ contacts at the European Parliament in Strasbourg yielded positive results, especially support for a more active EU involvement in Cyprus talks. Information suggests that action is being
