Cyprus allocates €103 per person for research and development, less than half the EU average of €244, according to data on government budget allocations for R&D. In 2021, the total government budget
The Bank of England’s expected interest rate rise has been slammed as “harmful” and a “misery rate rise” by the CEO of one of the world’s largest independent financial advisory, asset management
US House Speaker Nancy Pelosi’s visit to Taiwan is a gross interference in China’s internal affairs, the Embassy of China said in a statement. It said, “external interference has been the biggest
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
