A usual working week for people aged 20-64 in Cyprus averages 39.5 hours, above the EU average of 37.5 hours, according to Eurostat data. There were significant differences in working hours among EU
By Han Tan, Chief Market Analyst at Exinity Group The FOMC is widely forecasted to leave its benchmark rates unchanged on Wednesday. Federal Reserve Chair Jerome Powell is also expected to convey
The car continues to be the dominant means of transport in all EU countries compared with journeys by train, bus and coach, plane or boat, while Cyprus is slightly below the European
Crushing economic growth, and not stagflation, is “the real danger” and should now be the focus of the European Central Bank and the Bank of England, warned the CEO of a leading
Harmonised inflation in August returned to an upward trajectory of 3.1%, primarily due to increased food prices. It ended a continuous 12-month decline since inflation peaked in July 2022 to a record high of
Financial investors have added exposure to crude oil as a result of the tightening oil market and to benefit from higher roll returns, with the futures curve now more strongly downward sloped,
By Craig Erlam Eurozone headline inflation was slightly lower than the 5.3% initially reported in August, while core was unrevised and is now modestly higher. Both are expected to fall going into
Migrant smuggling is a global concern that deeply affects Cyprus and demands immediate attention, Justice Minister Anna Koukkides Procopiou told a conference in Larnaca. The minister spoke at the three-day 18th CrimEx and 2nd
By Lukman Otunuga, Senior Market Analyst at FXTM Investors will likely remain cautious ahead of a week packed with key data and policy decisions from major central banks. Asian shares declined on
By Craig Erlam A cautious start to the week ahead of a bunch of central bank meetings that will likely set the tone for the remainder of the year. There’s every chance
