Euro falls sharply after weak Eurozone PMIs

The EURUSD faces selling pressure in Friday’s European trades due to multiple headwinds. The major currency pair declined to a six-week low near 1.0670 as the Euro weakened after downbeat Eurozone preliminary PMI

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Europe uncertainty holding back EUR bulls

The EURUSD pair edged higher in early Asian trading on Tuesday and is currently in the 1.0765-1.0770 range, albeit lacking strong follow-through buying. Moreover, the fundamental backdrop and the technical setup warrant

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Cyprus-France sign new defence pact

The National Guard and the Armed Forces of France have signed a renewed Bilateral Defence Cooperation Program for 2024-2025. According to an announcement, the program provides bilateral exercises, training and exchange of expertise on specialised

Cyprus should copy France’s SMEs subsidy

Commissioner for State Aid Control Stella Michaelidou suggested Cyprus could adopt the French subsidy scheme for small and medium-sized enterprises (SMEs) impacted by the Ukraine war the European Commission approved. In her

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France wants to beef up European defence

Paris sees the need to beef up Europe’s defence industry as continuing European military aid to Ukraine is crucial. The European Political Community (EPC) takes place on June 1 in Chisinau, Moldova, where

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