Search Results for: Cyprus Central Bank
Business investment rate up to 23.3% in the euro area
January 14th, 2019
Eurostat, the statistical office of the European Union, has published a report in relation to the business investment rate in the euro area for the third quarter of 2018. In accordance the report: In the third quarter of 2018, ...
The Tragedy Of The Euro
January 11th, 2019
After two decades, the euro’s minders look set to drive the Eurozone into deep trouble. December was the last month of the ECB’s monthly purchases of government debt. A softening global economy will increase government deficits unexpectedly. The ...
CySEC: Be aware of fraudulent representation of CySEC officers
November 26th, 2018
The Cyprus Securities and Exchange Commission (CySEC), has issued today an announcement to warn about fraudulent representation of CySEC officers. In accordance CySEC’s announcement, a number of market participants have informed the CySEC about the fraudulent representation of CySEC ...
EU needs single anti-money laundering authority, says thinktank
November 5th, 2018
The European Union should set up a single anti-money laundering (AML) authority with the power to levy big fines to tackle the stream of scandals across member states, Brussels-based thinktank Bruegal has said in a new report. The thinktank ...
ISXPay®: deposit taking via own BIC: ISEMCY22XXX
October 31st, 2018
Highlights IBAN based accounts now being issued, following successful testing and certification of Software Client Funds deposited with zero credit risk under EU’s “Eurosystem” Central Banking system Bi-directional bank to bank transfers live on 04th December 2018 across EEA/SEPA ...
EU prepares crackdown on ‘citizenship for sale’
August 14th, 2018
Brussels is preparing to crack down on EU governments, including Malta and Cyprus, that award citizenship to rich people from outside the bloc, as concerns mount about so-called dirty money from Russia. Vera Jourova, the EU’s commissioner for justice, ...
Business investment rate up to 23.1% in the euro area
July 5th, 2018
In the first quarter of 2018, the business investment rate was 23.1% in the euro area, compared with 22.9% in the previous quarter. The business profit share in the euro area was 40.6% in the first quarter of 2018, ...
My Crazy $17,000 Target for Bitcoin Is Looking Less Crazy
November 28th, 2017
The basis of this admittedly crazy forecast was simple: capital flows. I think we can all agree that bitcoin (BTC) is “interesting.” One of the primary reason that bitcoin (and cryptocurrency in general) is interesting is that nobody ...
Household real income per capita up in the euro area and in the EU28
November 2nd, 2017
In the euro area, in real terms, household income per capita increased by 0.7% in the second quarter of 2017, after an increase of 0.1% in the previous quarter. Household real consumption per capita increased by 0.6% in the ...
Business investment rate up to 23.2% in the euro area
October 6th, 2017
In the second quarter of 2017, the business investment rate was 23.2% in the euro area, compared with 22.9% in the previous quarter. The business profit share in the euro area was 40.8% in the second quarter of 2017, ...