CarVal Investors, a prominent investment fund, has further reduced its stake in the Bank of Cyprus, decreasing its shareholding from 4.99 per cent to 3.07 per cent. This reduction, executed on March ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Friday highlighted the country’s economic transformation in recent years, while also outlining the challenges that lie ahead.Speaking ...

Cyprus’ GDP is expected to grow by 3.2 per cent in 2025, slightly lower than the figure of 3.4 per cent reported for 2024, according to the Central Bank of Cyprus (CBC).

According to data released by the Central Bank of Cyprus (CBC), the interest rate for household time deposits of up to one year fell to 1.34 per cent in January, compared to 1.79 per cent in the ...

Traditional indicators often struggle to capture these subtle market shifts, leading to reactive trading based on outdated ...

Prologue An Orphic hymn says that Kypris, Aphrodite of Cyprus, was the “scheming mother of necessity.” She controlled and ...

That government must now fill vacant posts - including at the central bank, run by an interim governor since July 2023. The U.S. is reviewing the profiles of a handful of candidates for the role ...

On Thursday, as widely expected, the European Central Bank (ECB) reduced its key rates by 25 basis points at the March policy meeting. This move puts the main refinancing operations rate at 2.65% ...

FXiBot’s precision strategy for GBP/USD trading prioritizes quality over quantity, emphasizing single-position trades to ...

The unions warned that with current photovoltaic cuts, Cyprus is heading towards partial power outages and potential ...

Founded in 1694, the Bank of England (BoE) is the central bank of the United Kingdom (UK). Known as ‘The old lady of Threadneedle Street’, the bank’s mission is "to promote the good of the ...