Inflation in Cyprus Stood at 1.6% in March 2025

Local Eye

Apr. 4, 2025

GREECE

Macro Political
• In an interview, the Greek Prime Minister announced that the Greek economy is prepared for the new tariffs imposed by the U.S. on the European Union. He specifically noted that Greece, with political stability, a solid plan, and a sense of responsibility, will withstand these challenging global conditions.
Source: Euro2day

Markets

• Frigoglass announced that the ten-day deadline for the shareholders to decide on granting the execution of the loan agreement between the company as the borrower and Kar Tess Holding (a direct shareholder with 48% ownership) as the lender has lapsed. In view of this, the approval for executing the aforementioned loan agreement for an aggregate amount of up to EUR 1 million has become definitively valid, and the company will proceed with its execution.
Source: ATHEX

CYPRUS

Macro Political
• The Consumer Price Index (CPI) in March 2025 increased by 0,14 points (m-o-m), reaching 117.25. Inflation in March 2025 stood at 1.6%.
Source: CyStat