By Hussein Sayed, Chief Market Strategist at Exinity Group The European single currency is struggling to find support, having fallen more than 7.5% so far in 2021. The euro is now the
Turkey’s lira recouped 2.4% of its value on Friday after hitting another low, as the currency crashed when the country’s Central Bank announced that interest rates would be slashed again. The Turkish
Financial regulators must work together on an international framework to stamp out potential ‘greenwashing’ as capital inflows increase, affirms the CEO of one of the world’s largest independent financial advisory, asset management
Developments in the Eastern Mediterranean will be discussed during the first quadrilateral meeting of Foreign ministers from Cyprus, Greece, Egypt and France in Athens. Cypriot Foreign Minister Nikos Christodoulides is in Athens
The European Medicines Agency (EMA) has started evaluating an application for conditional marketing authorisation for Novavax’s COVID-19 vaccine, Nuvaxovid, the agency announced. The EU assessment will proceed under an accelerated timeline. An
With the economy taking a hit due to the coronavirus pandemic, most central banks around the world resorted to enacting various quantitative easing (QE) measures to salvage the situation. However, leading economies
Despite Cyprus improving its ranking on the EU’s Digital Economy and Society Index by three places, the country still sits among the poor performers. As announced by the European Commission, Cyprus has
Insurers must innovate to sustain profits and growth as technology alters consumers’ insurance needs and changes the way they buy protection, Moody’s Investors Service said in a new report. Rapid take-up of
Cypriots worked harder in the second quarter of 2021, as, on average, employees put in 5.8% extra hours at their job compared to the previous three months. Across the EU, working hours
Cyprus will deal with Turkish threats in the best possible diplomatic way with support from the EU, said President Nicos Anastasiades over rising East Med tensions. Anastasiades commented to reporters after being
