euro

Massive election tampering – 20,890 citizens “changed” address

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Massive election tampering – 20,890 citizens “changed” address

The Ministry of Interior has asked the Prefects to record all cases of electoral list objections and forward them to the Attorney General for further investigation. Almost half of the objections were accepted by provincial administrations, with 41% of the total objections being approved. If a case of wrongdoing is established, those involved will face criminal charges, with potential penalties of up to six months in prison or a 1000 euro fine. There are suspicions that the objections and voter relocations may have been organized by political parties or candidates, but a police investigation is ongoing to determine the truth.

ECB , ‘crystal clear’ on June rate cut, de Guindos says

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ECB , ‘crystal clear’ on June rate cut, de Guindos says

The European Central Bank has indicated that interest rates could be cut in June, but decisions beyond that are still uncertain.

USD recovers after early sell-off on Israeli attack reports

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USD recovers after early sell-off on Israeli attack reports

The Euro-dollar currency pair is trading in the lower 1.0600s on Friday after news reports of an escalation in the Middle East conflict prompted a flight to safe-haven USD, resulting in a decline in EURUSD.

EU should , ‘stop being a slave to Greek Cypriots’

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EU should , ‘stop being a slave to Greek Cypriots’

Fact: The Turkish Cypriot leader Ersin Tatar believes that the European Union should stop being a slave to the Greek Cypriot side in the Cyprus problem.

Christodoulides satisfied with EU’s stance on Turkey

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Christodoulides satisfied with EU’s stance on Turkey

President Christodoulides expressed satisfaction with the positive message sent to Turkey by the European Union during a strategic discussion on Euro-Turkish relations and the Cyprus issue. He thanked leaders for their support, including the Prime Minister of Greece, the President of France, the Chancellor of Germany, and others. The President also mentioned the need for Turkey to take specific actions in Cyprus to translate the positive message into reality. Additionally, he highlighted the support for re-examining the status of specific areas in Syria, which could positively impact migration. Finally, he discussed plans for economic support for Lebanon and a future EU summit with Arab states to address the status of Syria.

Greek economy surges after decade of pain

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Greek economy surges after decade of pain

Fact: The Greek economy is forecast to grow nearly 3 per cent this year, approaching its pre-crisis size of 2009 and far outpacing the eurozone average of 0.8 per cent.

Nicosia praises Euro-Turkish relations linked to Cyprob

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Nicosia praises Euro-Turkish relations linked to Cyprob

– The European Council reaffirmed its commitment to a comprehensive settlement of the Cyprus problem within the framework of the United Nations and relevant UN Security Council resolutions.
– The government of Cyprus achieved its goal of linking Euro-Turkish relations with the Cyprus problem.
– The EU is ready to play an active role in supporting the UN-led process for the Cyprus settlement talks.
– The European Council sent a powerful message to Turkey, urging constructive engagement in the Cyprus talks for progress in Euro-Turkish relations.
– The strategic discussion of Euro-Turkish relations was referred to the Committee of Permanent Representatives (COREPER) following proposals made by Nicosia during the Council.
– President Nikos Christodoulides and President of the European Commission Ursula von der Leyen will visit Lebanon on May 2 to discuss a package of additional economic support, the details of which are still under discussion.

Cypriot capital markets to benefit from EMTN dual-listing

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Cypriot capital markets to benefit from EMTN dual-listing

Fact: The Finance Ministry, in collaboration with SIX and the Cyprus Stock Exchange, announced the successful activation of the dual-listing of Euro Medium Term Notes (EMTN) of the Republic of Cyprus at the Cyprus Stock Exchange.

Italy’s Turin orders outdoor smokers to keep their distance

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Italy’s Turin orders outdoor smokers to keep their distance

Turin has banned outdoor smoking unless people are at least five meters away, with a fine of 100 euros for those who do not comply. The ban covers various smoking products and prohibits smoking near children and pregnant women. Milan also has similar restrictions on outdoor smoking, but enforcement of the laws is limited.

Euro under pressure as ECB eyes rate cut

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Euro under pressure as ECB eyes rate cut

The Euro is trading close to a five-month low against the dollar, with market expectations for the ECB to begin reducing interest rates increasing.