The rise in daily Covid-19 infections in Cyprus toward the end of last year and the heightened uncertainty over the impact on the real economy led Cypriot banks to tighten lending criteria for corporate loans in the fourth quarter of 2021, the Bank Lending Survey issued by the Central Bank of Cyprus (CBC) has shown.
Credit servicer doValue Greece, a subsidiary of Italy’s biggest debt recovery firm doValue, said on Tuesday it was awarded a new loan servicing mandate for a 500-million-euro bad loan portfolio named Project Neptune.
The last time Sarah Palin and Donald Trump shared a stage, the former Alaska governor gave a meandering endorsement speech that displayed her inventiveness with the English language – and her instinctive connection to the Republican base.
As of Wednesday, the Delphi Economic Forum is set to get under way in its home base, Ancient Delphi, with the start of its 7th edition lasting until this Saturday with the participation of 780 figures from around the world.
52 Syriza MPs have tabled a question in Parliament demanding measures to help newspapers weather the rise in printing costs.
The realization of the political constraints imposed by the EU’s over-dependence on Russian hydrocarbons on the geopolitical autonomy of European states has a profound impact on longstanding principles of the continent’s energy policy.
The value of transactions completed electronically, through the internet and mobile banking, increased 23.2% in 2021 from the year before, reaching 390.3 billion euros from €316.7 billion in 2020.
The National Vaccination Committee recommended on Tuesday that people over 60, especially those with health issues, take a fourth dose of the Covid vaccine.
The state subsidy for natural gas bills will this month be twice as high as in March, amounting to 40 euros per thermal kilowatt-hour in April against €20 in March, Energy Minister Kostas Skrekas announced on Tuesday in a letter to natural gas supplying companies.
The causes of the inflation driving up prices may be external, but what must certainly be held in check in the domestic framework is any effort to use global inflation as an excuse for profiteering.