CBC Governor Backs ECB Rate Hike as Middle East Conflict Fuels Inflation
10 Articles
10 Articles
CBC governor backs ECB rate hike as Middle East conflict fuels inflation
Central Bank of Cyprus (CBC) governor Christodoulos Patsalides said the European Central Bank’s (ECB) latest 0.25 percentage point increase in key interest rates had become necessary as the prolonged conflict in the Middle East continued to fuel inflationary pressures. In a written statement following Thursday’s meeting of the ECB Governing Council, Patsalides said the latest […]
In the statement released by the CBC, Mr. Patsalides refers to the effects of the conflict in the Middle East, explaining that updated assessments led to the decision to increase key interest rates. The increase in key interest rates by 0.25%, decided at yesterday's meeting of the Governing Council of the European Central Bank (ECB), was deemed to be "necessary", states […]
The increase in key interest rates by 0.25%, decided at yesterday’s meeting of the Governing Council of the European Central Bank (ECB), was deemed “necessary”, the Governor of the Central Bank of Cyprus (CBC), Christodoulos Patsalides, said in a written statement. Regarding the Cypriot economy, Mr. Patsalides noted that it continues to demonstrate resilience, despite increased geopolitical uncertainty, mainly supported by the dynamic […] CBC Go…
Thousands of borrowers will be asked to pay higher loan installments from next Wednesday, September 16, following yesterday's decision by the European Central Bank to increase lending rates for the second time in 2026. The new increase by 0.25 basis points, which raises interest rates to 2.5%, aims to limit inflationary pressures and directly affects loans with a floating interest rate.
larissanet.gr
dnews.grThe ECB has decided to raise its three main interest rates by 0.25% again. The new interest rate increase by the European Central Bank brings a new burden on households and businesses. […]
The increase in key interest rates by 0.25%, decided at yesterday's meeting of the Governing Council of the European Central Bank (ECB), was deemed "necessary", the Governor of the Central Bank of Cyprus (CBC), Christodoulos Patsalides, said in a written statement. Regarding the Cypriot economy, Mr. Patsalides noted that it continues to demonstrate resilience, despite increased geopolitical uncertainty, supported mainly by the dynamics of the se…
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