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 […]
Continue Reading ...
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 […]
Continue Reading ...
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 […]
Continue Reading ...
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 […]
Continue Reading ...
By Sarah Fenwick I think we can all agree that the financial system is quite broken and is now so full of pitfalls and traps that it cannot be relied on by the ordinary person. But what’s the alternative? I’ve been doing a lot of thinking about this, and can imagine a bank that doesn’t […]
Continue Reading ...
Ever sat in traffic panicking because you might be 10 minutes late in the morning? Thinking of all the criticism from your boss and co-workers, and freaking out over the lost time? Or gone on a long sales trip just to be told that your driving or travel time is not included in your working […]
Continue Reading ...
