Finance Minister Constantinos Petrides confirmed that European monetary bodies consider resorting to interest rate hikes to deal with high inflation. Addressing a conference on the future of Europe organised by the Glafcos
The two lifelong friends from Florida never sought the limelight, but then they built a multi-million-dollar empire selling digital art, and people wanted to know who they were. Under the pseudonyms “Gargamel”
Finance Minister Constantinos Petrides warned MPs that any tampering with a European Union directive to reduce the size of homes entitled to lower 5% VAT could invoke sanctions. Addressing MPs concerns over
Seldom in the financial industry do markets run out of bad apples. Despite measures taken in the past, the current leadership of CySEC, the country’s top securities watchdog, is determined to take tougher
The emerging blockchain technology became known through Bitcoin, the first practical application of this technology. However, the prospects of blockchain technology do not stop at cryptocurrencies. Around the world, companies from all
It is a fact that there is a worldwide effort to reduce the level of tax avoidance. This problem can be met, to an extent, if the liable taxpayer gets some benefit,
Banks are lifeless institutions in concrete buildings. What determines ‘bank policy’ is the management of a bank, not its chairs, desks, walls or ATMs. A necessary clarification is required to explain why
The International Bank Account Number (IBAN) is a standard account number structured according to the specifications issued by the European Committee for Banking Standards (ECBS) and the International Organisation for Standardisation (ISO).
Rising prices have been a major topic of discussion over the past few weeks. In essence, however, individuals can do little to mitigate the effects of rising fuel and commodity prices on
The pandemic has caused new turmoil and highlighted the ongoing concerns within the European Authorities about the Union’s banking system. The turmoil accelerated the reassessment and upgrading of the operating rules of
