14.09.2022
Hellenic Bank on Tuesday announced its decision to eliminate negative interest rates on non-household euro accounts from October 3, 2022.
From that date, the interest rate on all non-household checking, savings, and notice accounts will be set to zero.
“The decision was made in light of changing market conditions and the European Central Bank’s (ECB) recent decision to raise the ECB’s key interest rates, which will ensure a timely return of inflation to the ECB’s medium-term target of 2%,” the bank said in a statement. explained in the statement.
According to a report published on Tuesday by the Statistical Office of Cyprus (Cystat), the number of vacancies in the second quarter of 2022 increased by 3716 or 50.2% compared to last year, bringing the overall vacancy rate to 2.7%.
The number of vacancies in the second quarter of 2022 rose to 11,113, up 3,716 from 7,397 in the same quarter a year earlier.
Compared to the first quarter of 2022, there was a decrease of 1,761 positions or 13.7% compared to the previous quarter.
The overall vacancy rate in the second quarter of 2022 was 2.7%. It previously stood at 3.2% in the previous quarter and 2.6% in the corresponding quarter of 2021.
According to the report, the highest percentages of vacancies in the second quarter of 2022 were identified in accommodation and food services – 7.2 percent, and in transportation and storage – 4 percent.
They are followed by the administrative and support sector with 3.8%, and water, wastewater, waste management and sanitation with 3.2%.
The Cyprus Stock Exchange (CSE) ended Tuesday, September 13, with losses.
The overall Cypriot stock market index stood at 74.42 points at 13:45 during the day, reflecting a 0.07% drop from the previous trading day.
The FTSE/CySE 20 Index stood at 44.65 points, down 0.04%.
The total transaction value was 83,881 euros.
In terms of sub-indices, the main, alternative, investment company and hotel indices declined by 0.37%, 0.11%, 2.09% and 5.62%, respectively.
Bank of Cyprus (+1.12%), Atlantic Insurance (-1.23%), Logicom (+0.58%), Petrolina (+0.94%) and Hellenic Bank (-1.08%) attracted the highest investment interest. %).
