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Cyprus Monetary Union & Eurozone News is an EIN News Service for political professionals. Constantly updated news and information about Cyprus EU Politics.
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Latest Cyprus Monetary Union & Eurozone News

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  • Orphanides: reunification a boon for Cyprus economy 19 Nov 2009 12:34 GMT
    ... Orphanides: reunification a boon for Cyprus economy THE reunification of Cyprus could be ... deal between now estranged Greek and Turkish Cypriots must avoid barriers, ECB Governing Council member ... Cyprus has been a member of the euro zone since 2008. Effective participation in the single ...

  • UPDATE 1-ECB's Nowotny: ECB will phase out, drain liquidity 25 Nov 2009 19:15 GMT
    ... banks off cheap central bank cash. A euro zone monetary source told Reuters no decision had ... price stability in the medium and long term,' he said, according to a summary, provided ... without such cheap and abundant ECB funding. Cyprus central bank governor Athanasios Orphanides said last week ...

  • UPDATE 1-Cyprus should move on structural changes-c.bank 20 Nov 2009 11:54 GMT
    ... NICOSIA, Nov 20 (Reuters) - Cyprus's economy needs structural changes to shore up ... shore up its public finances in the long-term and the longer it waits the more ... improvement in the economic climate in the euro zone. 'Beyond the negative developments on GDP, I ...

  • Cyprus should move on with structural change-cbank 20 Nov 2009 11:34 GMT
    ... NICOSIA, Nov 20 (Reuters) - Cyprus's economy needs structural changes to help maintain ... needs structural changes to help maintain the long-term sustainability of public finances, central bank governor ... circumstances prevailing in the rest of the euro zone,' Orphanides told a meeting at the finance ...

  • New Eurozone Bond Index From S&P 19 Nov 2009 13:56 GMT
    ... Standard and Poor’s has launched a new Eurozone government bond index. According to the provider, ... are included in the index except for inflation-indexed, floating-rate, and zero-coupon bonds. To qualify for ... are currently represented in the index, while Cyprus, Luxembourg, Malta, Slovenia and Slovakia do not fulfil ...

  • Europe's recovery will be 'gradual': OECD 19 Nov 2009 11:36 GMT
    ... stimulus measures from late 2010. The 16-nation eurozone emerged from recession in the third quarter, with ... its latest assessment. The OECD also called longer-term for eurozone governments to start reducing their ... single currency, the euro, are: Austria, Belgium, Cyprus, Finland, France, Germany, Greece, , Italy, Luxembourg, Malta, ...

  • OECD says Europe's recovery will be 'gradual' 19 Nov 2009 17:18 GMT
    ... PARIS : The eurozone has snapped out of recession sooner than expected ... its latest assessment. The OECD also called longer-term for eurozone governments to start reducing their ... single currency, the euro, are: Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, ...

  • Favourable report for Slovakia's euro adoption 20 Nov 2009 13:56 GMT
    ... 1, 2009, a year after Malta and Cyprus. Malta’s recent changeover experience is also proving useful ... has been working hard to keep the inflation and deficit rates at a low and ... Mr Casa told that the larger the eurozone becomes, the more its economy grows. This ...

  • Tourism to Cyprus to get worse from UK 24 Nov 2009 19:54 GMT
    ... UK will continue to dwindle simply because Cyprus is still an expensive destination. A lot of the ... Industry experts suggest that destinations outside the eurozone, such as Turkey, Egypt, the U.S. and ... has been affected greatly because of the Sterling/Euro rate. Eurozone countries are at a disadvantage ...

  • Government debt spirals 25 Nov 2009 22:30 GMT
    ... The US is going to have to borrow at a ... certain sinners on the edges of the eurozone were "very close to losing their credibility", ... can no longer hide behind others in EMU's soft South. "As far as the bond vigilantes are ...

  • Government Sovereign Debt Spirals 24 Nov 2009 21:11 GMT
    ... I have been writing about sovereign debt risk for some ... certain sinners on the edges of the eurozone were "very close to losing their credibility", ... can no longer hide behind others in EMU's soft South. "As far as the bond vigilantes are ...

  • Greece tests the limit of sovereign debt as it grinds towards slump 22 Nov 2009 19:01 GMT
    ... Greece tests the limit of sovereign debt as it ... certain sinners on the edges of the eurozone were "very close to losing their credibility", ... can no longer hide behind others in EMU's soft South. "As far as the bond vigilantes are ...

  • Blue Planet Fin IT 1 Half-yearly Report 19 Nov 2009 11:38 GMT
    ... invest in those sectors that have superior long-term economic prospects and, crucially, which are undervalued. ... money supply growth and a deceleration in inflation, which has meant further interest rate cuts. ... as confidence returns. Norway, Hungary, Poland and Cyprus are all well-placed to emerge from recession. In ...

  • ICC: Global economic index rises again, but problems remain 20 Nov 2009 07:55 GMT
    ... prices was forecast. Those surveyed expect an inflation rate of 2.5% on a worldwide scale ... expanding, imports should increase in the near term even though insufficient demand remains the number ... weak in all euro area countries except Cyprus. Economic expectations for the next six months are ...


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