A new study from Juniper Research has found that the total number of digital wallet users will exceed 5.2 billion globally in 2026, up from 3.4 billion in 2022, representing strong growth
The seasonally-adjusted unemployment rate in Cyprus was lower than the European average at 5.1% in June, compared to 6.6% in the euro area and 6.0% in the EU, according to Eurostat. But
Political uncertainty has increased in Bulgaria after the collapse of the four-party coalition government under the leader of centre-right ‘We Continue the Change’ (PP) party, Prime Minister Kiril Petkov. Bulgaria is now
I recently attended Endeavor’s 10-year anniversary celebration of setting up an office in Greece. Endeavor is a global, non-profit organisation that supports high-impact entrepreneurs in emerging markets to fuel economic growth. The
Greece and Cyprus accused Turkey of stoking tensions as Ankara prepared to dispatch a drill ship to the Mediterranean in August to search for natural gas. Relations between Athens and Ankara are
From January to June 2022, the Federal Reserve increased the key policy rate by 150 basis points (bps) and GlobalData predicted that the Fed’s further rate hike of 75 bps in July
By Craig Erlam It’s been quite the 24 hours in financial markets, one I feel many will be trying to work out for many weeks to come. The Fed on Wednesday raised
Cypriot EU Health Commissioner Stella Kyriakides urged member states to step up surveillance, identification and reporting of monkeypox cases, and vaccination with clear risk communication campaigns. CNA said Kyriakides sent a letter to EU
The official opening of the Birmingham 2022 Commonwealth Games begins on Thursday with over 5,000 athletes from 71 countries, including Cyprus. After the Olympics, it is the second most important Games on
By Jeffrey Halley You had the feeling that Wall Street, with perpetually itchy buy-button trigger fingers, was primed for this FOMC. As expected, the FOMC raised the Fed Funds target by 0.75%,
