US national debt has more than doubled in a decade to reach a milestone $40tn (£29.4tn), Treasury figures show. The rise reflects years of heavy spending under both the Trump and Biden administrations, along with higher interest payments that have steadily added to the total. In 2016, the national debt stood at just under $20tn. […]
Prime Minister Kyriakos Mitsotakis departed for Hania on Thursday, carrying with him briefing files on the rule of law, rising prices and the farm subsidies case, as the government prepares its post-Easter strategy.
Inflation in Cyprus rose by 1.2% in March compared with the same month in 2025, picking up pace after slower increases earlier in the year. The rise has been tied to the ongoing conflict in the Middle East, which has affected overall price levels.
Greece’s European Union-harmonized inflation fell to 1.7% year-on-year in October from 1.8% in September, according to Eurostat preliminary data released on Friday.
The European Central Bank made its first interest rate cut since 2019 Thursday, reducing borrowing costs from record highs, but gave few clues about its next move while warning of continuing inflation pressures.
Greece’s harmonized index of consumer prices dropped in May to below the average inflation in the eurozone for the first time since last September, according to Eurostat estimates.
Which products played the most important role – What about structural inflation – The ECB’s next moves.
The drop in inflation from 10.1% in July to 9.9% last month is not going to trouble the Bank of England’s policymakers when they meet next week to set interest rates. Its monetary policy committee (MPC) is on a mission to increase the cost of borrowing to bring down inflation to 2%. Prices growth that sticks at […]
Interest rates are set to double in the next six months, with traders in financial markets betting the Bank of England will have to step up its efforts to stamp out price rises as inflation breaks into double digits.
