world economy

Economy Set To Continue Growth

The Cabinet of Ministers has approved the 2016 budget, which foresees continued growth and an end to the bailout programme by the beginning of the new year, says Finance Minister Haris Georgiades. The budget is balanced, and there is no need for new taxes, levies or measures, he adds. There is an increase of around […]

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    World Economy - China Growth Slows Further

    By FXTM Research Analyst Lukman Otunuga The markets have woken up to another morning of woes over the China economy, as data released over the weekend pointed towards further signs of weakness for the Chinese economy. Most market participants were already concerned about the slowing rate of growth in the world’s second largest economy, and […]

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    Cyprus Passes Seventh Bailout Review - Eurogroup

    Cyprus has successfully passed the seventh bailout review, paving the way for 625 million euros to be released to the government, but non-performing loans have to be cleared up, said the Eurogroup. “We stress the importance of an effective implementation of the recently enacted insolvency legislation and of the enhanced foreclosure framework, together with other […]

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    Landmark Case for Swiss Franc Borrowers

    In a recent decision, Athens Court vindicates borrowers in relation to lending in Swiss Francs, said a spokeswoman for LLPO Law Firm - Makris and Ioannides. Click here to follow the company on Linkedin. “The Athens Court of First Instance accepted the request of our clients and issued a Court Order against the Bank, to […]

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