One in 10 is thinking of buying more basic items such as socks, underwear etc. to create a small survival kit.

Inflation in the EU27 has been accelerating since last autumn and is gradually detaching from nominal wage growth.

While analysts at UBS see more pain ahead, it’s not as many closures as the investment bank had initially projected about a year ago.

The Greek tourism industry is struggling to get back on track

Prices are keeping their upward trend not only in newly builts but also in older homes.

The rating upgrade reflects “Cyprus’ stronger-than-anticipated economic and public finance performance during 2021.

For metal manufacturing companies, energy can represent up to 40% of the total operating cost.