Annual inflation dropping

The annual inflation rate in Cyprus was 2.4% in July, dropping from 2.8% in June and 10.6% in July 2022, according to Eurostat, the statistical office of the EU. Inflation also dropped


Greece in favour of Turkey’s EU path

Athens favours Turkey’s course towards Europe, but Ankara must take tangible steps under EU law, Greek Foreign Minister George Gerapetritis said in an interview with Ghad TV during a recent visit to

Bank of Cyprus improves EU stress test

The Bank of Cyprus announced the successful completion of the EU-wide stress test for 2023 with improved results. According to the bank, the results show the Group’s “resilience under adverse conditions and

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