ECB

Economy

Markets see more ECB rate hikes ahead as inflation pressures persist

Just two days after the European Central Bank raised interest rates again, markets are already pricing in further monetary...
Economy

ECB set to lift inflation forecasts as energy costs rise

The European Central Bank is heading towards an upward revision of its inflation forecasts at its June meeting, as...
Economy

ECB rate rises to cut both ways for Cyprus banks as Middle East war fuels inflation

Cyprus banks face a mixed outlook as the European Central Bank is expected to raise interest rates twice by...
Economy

What rising inflation and interest rates mean for your household budget

Rising energy prices driven by the conflict in the Middle East are pushing eurozone inflation back toward danger levels,...
Economy

Cyprus lending hits €4.85bn as low rates fuel borrowing surge

Net new lending in Cyprus reached €4.85 billion in 2025, the highest on record, as lower interest rates drove...
Economy

Cyprus housing loan rates hit two-year low as eurozone gap narrows to 0.23%

Cyprus housing loan rates dropped to their lowest level in two years in December, narrowing the gap with the...
Economy

Cypriots deposit over €4 billion in banks despite lowest rates in eurozone

Cypriots put just over €4 billion in bank deposits in 2025, more than the €3.85 billion they managed to...
Economy

Cyprus interest rates edge closer to 2015 levels as ECB signals pause on cuts

Cyprus's interest rates are gradually approaching levels last seen a decade ago, though significant gaps remain in some lending...
Economy

ECB official raises prospect of rate hikes, dashing hopes for December cut

The European Central Bank is cutting expectations for a final euro interest rate reduction at the end of 2025,...
Economy

Ageing Europe threatens bank profits as fewer babies mean fewer loans, ECB warns

Demographic changes are reshaping the economic foundations on which banks operate, with falling birth rates and ageing populations set...
Economy

How many ATMs does Cyprus have?

The number of ATMs across Cyprus has increased by just six machines since 2022, despite political pressure on banks...
Economy

Central bank chief says banking sector has sufficient competition on pricing

Cyprus Central Bank Governor Christodoulos Patsalides told MPs there is sufficient competition in banking product pricing, seeking to ease...
Economy

Cyprus banks hold highest liquidity in eurozone but lag in lending to market

The Cyprus banking system holds the highest liquidity in the eurozone and stands well ahead of second-place Greece, with...
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