[Shutterstock] The Cypriot economy continues to exhibit robust growth, despite facing persistent external challenges in a turbulent and uncertain global environment, Central Bank of Cyprus Governor Christodoulos Patsalides said on Friday, noting that Cyprus is well prepared to sustain growth even in the face of challenges like climate change and geopolitical risks.
Liberia’s campaign for a non-permanent seat on the United Nations Security Council (UNSC) for the 2026-2027 term is gaining momentum, following endorsement from the African Union (AU). Lewis Brown, Liberia’s Permanent Representative to the UN, confirmed the AU’s support, emphasizing that securing the seat would amplify Africa’s voice in global peace and security affairs. As…
Billionaire investor Aristotelis Mistakidis on Thursday completed the financial transaction to assume control of Greece’s bank Aegean Baltic Bank from a group controlled by shipowner Ioannis Koustas and minority shareholders. The transaction valued the bank at 1.1 times its book value. The family of founder and CEO Theodoros Afthonidis remains in the share capital of…
President John Mahama is spearheading efforts to address challenges in the country’s education sector by enhancing the Free Senior High School (Free SHS) programme. During his ‘Thank You Tour’ of the Central Region on Thursday, the Ghanaian leader pledged his commitment to prioritising education and tackling issues affecting the sector. He outlined plans to strengthen…
Greek households had a 2.5% real increase in disposable income, in purchasing power units, in January-September 2024. The nominal increase was 5.6%. However, this was channeled entirely into consumption, while savings were negative, perpetuating one of the biggest problems of the Greek economy, with effects on investments, growth and the current account balance. Overall, household…
