By Lukman Otunuga, Senior Research Analyst at FXTM Investors who were craving for some volatility Thursday afternoon had their wishes fulfilled following the May inflation report that showed prices rising in the
The European Commission has stepped up legal action against Cyprus and Malta over their cash-for-passports schemes in a move that may eventually see them end up in court and face fines. The
US President Joe Biden will raise Turkey’s tension-stoking activities in the eastern Mediterranean when he meets his Turkish counterpart, Recep Tayyip Erdogan, next week. That is what US Secretary of State, Antony
Justice Minister Emily Yiolitis called on her EU counterparts to show more solidarity to expedite the accession evaluation process for Schengen Area candidates after Cyprus’ entry was put on ice. Yiolitis called
By Han Tan, FXTM Market Analyst The week started off fairly quietly in terms of price action as analysts and economists make sense of the monthly US jobs numbers while also focusing on this
Massive state intervention prevented a rise in non-performing loans (NPLs) during the Covid-19 pandemic in central, south-eastern Europe (CESEE), but the quality of bank assets after the phasing out of measures “remains uncertain”, according
The sooner the EU becomes fully involved in resuming moribund Cyprus talks, the better, European Commission foreign policy chief Josep Borrell advocates. In a letter of reply to Committee Chair on Foreign
Bilateral relations, the Cyprus issue, regional developments will be discussed during a working visit of Cypriot Foreign Minister Nikos Christodoulides in Estonia on Monday. The two EU partners will also prepare for
Despite a last-minute pitch from Tourism Minister Savvas Perdios to convince the British government that Cyprus deserved to be on its green travel list, the holiday island is stuck on amber. Upon
A US-funded training facility, the Cyprus Centre for Land, Open-seas, and Port Security (CYCLOPS), will enhance safer borders in the region when operational in mid-January 2022, officials said Thursday. During a site
