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661. Prices of consumer goods and services up 4.7% in November

The Harmonized Index of Consumer Prices, which measures the changes over time in the prices of consumer goods and services acquired by households, increased by 4.7% in November 2021, compared to the index of November 2020....

662. Prices of construction materials up by 17.87% in November

The Price Index of Construction Materials for November 2021 recorded an increase of 17.87% compared to the same month of the previous year, according to data released Friday by the Statistical Service of Cyprus....

663. Turkish lira blows through 15 to dollar ahead of rate decision

The Turkish lira dropped to an all-time low beyond 15 against the dollar on Thursday ahead of another expected interest rate cut by the central bank, which has fallen in line with President Tayyip Erdogan’s risky new economic program....

664. Inflation in Britain jumped to its highest level in the last 10 years at 5.1%

Inflation in Britain has jumped to a 10-year high due to a sharp rise in prices, according to data released on Wednesday on the eve of the Bank of England's decision on interest rates....

665. Parliamentary Committee report on state budget 2022 sees significant uncertainties due to pandemic

A report by the Parliamentary Committee of Financial and Budgetary Affairs on the State Budget for 2022 ahead of the plenary debate and vote this week, stresses the significant uncertainties affecting the projections upon which the budget is based....

666. Inflation in Cyprus and the EU rose to 4.4% in October

The annual inflation rate in Cyprus was 4.4% in October, slightly above the eurozone average (4.1%) and the EU average,...

667. 21% of Cypriots found it difficult to heat their homes in 2020

21% of Cypriots found it difficult to heat their homes in 2020, compared to 8% on average in the European Union...

668. Government announces a reduction of VAT for vulnerable households

Cabinet Ministers today announced the reduction of VAT charged to electricity bills of vulnerable households. ...

669. Higher costs on goods are here to stay

Market analysts do not see an improvement in the cost of goods in the next period and until the first half of 2022....

670. The City of London Is Hiding the World’s Stolen Money

In 1969, two years after the Cayman Islands, a British territory, passed its first law to allow secretive offshore trusts, an official government report struck an ominous note....

671. UK citizens rush to fill up amid shortages

The British government on Thursday night urged citizens not to panic over the closure of dozens of gas stations across the country, which was due to the significant shortage of drivers of tankers, trucks and other heavy goods vehicles....

672. EY: Liquidity-fueled IPO markets break records in Q1 2021

673. World hears how Mars sounds like

NASA’s Mars 2020 Perseverance rover has sent back the first audio clip from the Red Planet, capturing a faint Martian breeze, with a longer video showing the remarkable moment the rover touched down on the surface...

674. Pandemic's impact on tourism poses significant risks to Cyprus economy

The European Commission’s summer economic forecast expects significant risks to the Cyprus economy as a result of the coronavirus pandemic’s impact on the tourism sector, which is predicted to see just 25% of last year’s revenues and high unemployment....

675. Eurozone set for record recession, EU Commission warns

The eurozone economy will contract by a record 7.7 percent this year because of the Covid-19 pandemic and inflation will almost disappear while public debt and budget deficits will balloon, the European Commission forecast on Wednesday....

676. «Growth momentum moderates» in Cyprus according to Εuropean Commission Autumn Economic Forecast

"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....

677. K.Treppides & Co Ltd: Time Value of Money

What if a close friend asks today to borrow 1,000EUR with the precondition to repay the exact same amount in five years? Would you take the deal or not?...

678. IMF: Cyprus economic recovery gradually decelerating but remains strong

679. State to appeal Court decision on salary cuts

680. Erdogan pays electoral price for Turkey's tumbling economy

681. Cyprus 2019 GDP forecast at 3.3%

682. Greek Medical Association says no to Greek doctor's participation in GHS

683. House passes state budget for 2019

The House of Representatives Plenary on Friday approved by majority voting the 2019 state budget, that provides for a surplus amounting 3% of GDP...

684. Hellenic Bank’s Economic Review

685. Utilities, housing push inflation to 1.9%

686. Economic growth in Cyprus remains strong

687. Turkish Lira rallies as central bank raises interest rates to 24%

688. Super typhoon eyes Philippines

689. Latest inflation figures point up

Inflation is on the rise in Cyprus amid hikes in fuel prices with the annual rate reaching 2.5% last month, almost one percentage point compared to last year until August...

690. Venezuela's re-elected Maduro faces overseas censure

Venezuela’s socialist leader Nicolas Maduro faced fresh international censure on Monday after re-election in a vote foes denounced as a farce cementing autocracy in the crisis-stricken OPEC nation...