Patsalides warns inflation risks are rising over energy
Central Bank of Cyprus (CBC) governor Christodoulos Patsalides has stated that inflation risks are gradually increasing because of persistently high energy prices , while insisting there is still no evidence to justify an immediate interest rate increase.
In an interview with specialist financial news wire Econostream , Patsalides said the European Central Bank’s (ECB) decision last week to leave rates unchanged was






