#business

Greece successfully raised €600 million in a 26-week treasury bill auction conducted on Wednesday, according to an announcement by the Public Debt Management Agency (PDMA). The auction yielded a return of 2.45 ...

The electronic money institutions (EMIs) sector is experiencing rapid growth, driven by the increasing demand for digital transactions, according to Moneygate founder and CEO Nicolas Treppides. “As we step into 2025, ...

Eurobank Holdings has successfully completed the issuance of Tier 2 subordinated bonds worth €400 million, attracting robust demand that reached €2 billion, according to an announcement released on Wednesday. Alongside the bond issue, ...

The Bank of Cyprus has made significant progress in implementing measures designed to alleviate financial pressures on its customers, particularly through reduced charges and lower interest rates. According to the ...

Global stocks rose on Wednesday as a flurry of new policies from US President Donald Trump combined with robust corporate earnings to bolster investor optimism, while tariff uncertainty kept the ...

Cyprus-based venture capital company 33EAST, supported by the European Investment Fund, has raised €26 million to launch its first venture capital fund, aiming to boost the island’s start-up ecosystem and ...

EU finance ministers approved Romania’s deficit-cutting plan to bring its fiscal deficit below 3 per cent of national output by 2030, a move Bucharest hopes will help reassure investors about its ...

British airline easyJet (EZJ.L) reported a smaller first-quarter operating loss on Wednesday on easing fuel costs and strong passenger demand for travel and its holiday packages. It posted a ...

The European Banking Authority (EBA), in coordination with the European Systemic Risk Board, has released macroeconomic scenarios to assess the resilience of banks in Cyprus as part of the EU-wide 2025 ...

Investors have high hopes for Burberry to start showing signs of progress in its turnaround when the British luxury brand reports sales for the crucial festive season this Friday. Joshua ...

Economists are split on whether Singapore’s central bank will loosen monetary policy this week or leave its settings unchanged to wait to see what policies US President Donald Trump ...

The Bank of England (BoE) is open to discussions with Britain’s government about new ways to help boost economic growth by paring back regulatory requirements for the financial services ...

Bitcoin, other cryptocurrencies and even the newly minted token bearing Donald Trump’s name cooled on Tuesday, after the US president’s first set of policies following his inauguration made ...

The European Banking Authority (EBA), in coordination with the European Systemic Risk Board, has released macroeconomic scenarios to assess the resilience of banks in Cyprus as part of the EU-wide 2025 ...

Cyprus Property Developers Association director general Mersina Isidorou has called for reforms to jointly-owned buildings laws, as the House reviews new legislation to tackle regulatory gaps. She pointed out that ...

Consulting and advisory firm PwC Cyprus on Tuesday shared the results of the company’s annual global CEO survey, which showed that almost 60 per cent of company heads expect global ...

The Central Bank of Cyprus (CBC) has taken significant steps in the past two years to strengthen the financial resilience of the nation’s banking system. These measures, detailed in ...

The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday announced the launch of the EcoSMEnergy project. The project, co-funded by the European Union under the LIFE Programme, aims to ...

Israel’s monetary policy committee urged lawmakers to approve the 2025 state budget without further changes to ensure confidence in financial markets, the Bank of Israel said on Monday in the ...

US President Trump said he could impose 25 per cent tariffs on Canada and Mexico from Feb. 1, sending shares of several Asian automakers and battery firms lower in trading on Tuesday. ...

The prices of building materials in Cyprus dropped by 0.81 per cent in 2024 compared to 2023, according to a report released this week by the state’s statistical service. The service reported ...

Capital markets will continue to be influenced by the demands of the digital transition, the rise of artificial intelligence, as well as new regulatory requirements, according to CySEC chairman George ...

Greece’s current account deficit shrank slightly in November compared to the same month in 2023, helped by robust tourism revenues, the Bank of Greece said on Monday. Central bank data ...

By Mike Peacock Bond vigilantism has returned to Britain, raising the prospect that the government will be forced to consider politically toxic tax rises or public spending cuts to placate ...