eurozone Archives - Page 2 of 3

Greece to pump €1.1 bln more to curb energy prices

The Greek government is taking another step towards financial abyss by announcing a new package of financial measures aimed at strengthening households and businesses hit by runaway energy prices. The total package

20th March 2022

Columnists/Comment/Energy/Europe

European stocks open higher awaiting BoE rate call

European stock markets climbed at the open Thursday, with investors widely expecting the Bank of England to announce a third straight interest rate rise to combat decades-high UK inflation. London’s benchmark FTSE

17th March 2022

Europe/Markets/World

Risk appetite, ECB policy muddied by Ukraine crisis

By Han Tan, Chief Market Analyst at Exinity Group Asian stocks are mixed while US and European futures are in the green, as markets are tossed about by the headline blitz stemming

9th March 2022

Markets/World

Cyprus unemployment below eurozone 7%

Compared to the year before, Cyprus saw a reduction in its annual unemployment rate, dropping to 6.4% in 2021, falling below the eurozone average of 7%. The country’s unemployment rate remained unchanged

2nd February 2022

Business/Europe

20 years on, euro is reflective of a common European identity

By Paschal Donohoe, Constantinos Petrides and Ministers of Finance, members of Eurogroup Twenty years ago today, around 300 million Europeans held a brand new currency in their hands, the euro. From Lisbon

1st January 2022

Comment/Cyprus/Europe/Guests

Investors cheer Biden-Xi talks, US retail sales in focus

By Lukman Otunuga, Senior Research Analyst at FXTM Asian markets pushed higher on Tuesday, despite the lacklustre session on Wall Street overnight, as investors evaluated President Joe Biden and China’s Xi Jinping’s

16th November 2021

Markets/World

ECB continues support for Eurozone economies

The ECB’s Strategy Review will allow for the continuation of support of the Eurozone economies, said Central Bank of Cyprus (CBC) governor Constantinos Herodotou. “The ECB’s Strategy Review, with its clearer symmetric

14th July 2021

Economy/Europe

Eurozone labour costs grow 1.5%, drop 1.7% in Cyprus

Hourly labour costs decreased in Cyprus by 1.7% in the first quarter of 2021, while in the rest of the euro area, they increased 1.5% year-on-year; it was a higher 1.7% in

17th June 2021

Cyprus/Economy

Cyprus economy is eurozone’s best performer

Nicosia heralded its economic performance as the best in the eurozone, with Finance Minister Constantinos Petrides welcoming data showing Cyprus had quarterly GDP growth of 2% in Q1. According to Eurostat, only

18th May 2021

Business/Europe

Eurozone inflation leads to 30% drop in Euro value

The buying power of one euro (1€) has depreciated by a whopping 30% between 2000 and 2020 from 1€ to 0.7€, according to data researched by Trading Platforms UK. This means that

23rd February 2021

Europe/Markets