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European Central Bank’s Latest Interest Rate Reduction: What It Means for the Eurozone

by News Editor

April 18, 2025

The European Central Bank (ECB) has once again lowered interest rates by 25 basis points, a move that was largely anticipated due to ongoing trade tensions with the United States. This decision marks a strategic shift in the ECB’s monetary policy, aiming to sustain economic growth amidst heightened geopolitical pressures.

Key Insights

ECB announced a reduction in three main interest rates by 0.25%.
The new rates for the deposit facility, main refinancing operations, and the marginal lending facility will stand at 2.25%, 2.40%, and 2.65%, respectively, from April 23, 2025.

Highlights

The ECB cited inflation assessments and effective monetary policy transmission as key reasons for the decision. The Governing Council remains confident in achieving a medium-term inflation target of 2%.

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Considerations

However, potential economic growth threats persist due to mounting geopolitical tensions. Continued escalation of tariff wars with the U.S. could further impact economic stability.

Future Outlook

The ECB has not committed to a specific policy path, emphasizing data-driven decisions moving forward. Explore our insights on the EU Housing Market: Prices Surge, But Cyprus Faces A Dip for more on regional economic trends.

Background

Since June of last year, the ECB has implemented seven rate cuts in response to various global economic pressures. Current tensions include a trade spat with the U.S., where reciprocal tariffs have been paused for potential negotiations.

The Future Forbes Realty Global Properties

Sklavenitis Cyprus Sets A New Standard For Employee-Centric Benefits

by THEFUTURE.TEAM

September 12, 2025

Investing In Human Capital

In a bold move that underscores the growing importance of human capital in today’s business landscape, Sklavenitis Cyprus has taken innovative steps to ensure its workforce is both valued and supported. The supermarket chain has introduced a policy to pay a 14th salary to all employees—including those from Papantoniou Supermarkets—cementing its status as the sole retailer in Cyprus to implement such a comprehensive benefit.

A Significant Investment In People

This initiative is far from symbolic. With an estimated total cost of €2 million, it represents a committed investment in the company’s most valuable asset—its people. By providing an additional salary, Sklavenitis reinforces a culture of inclusivity and fairness, acknowledging every employee’s contribution to its success.

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Robust Benefits For Long-Term Stability

Complementary to the 14th salary, the company has launched a robust benefits program designed to address both financial and personal security. An Automatic Cost of Living Adjustment (ATA) of 12.56 per cent ensures that wages remain aligned with inflation, safeguarding real income stability for its team members.

Comprehensive Health And Life Support

Sklavenitis further enhances employee welfare through access to a Group Life and Health Insurance Plan and a Provident Fund co-funded by the employer. These measures not only provide immediate protection but also empower employees to plan confidently for the future.

Exclusive Perks And Incentives

The company extends its commitment beyond conventional benefits by offering store discounts, a birth allowance, and holiday gift vouchers valued at €100 during both Easter and Christmas. These additional perks enhance employee satisfaction and underline Sklavenitis’ people-first ethos.

A Strategy For Mutual Success

In an industry where employee engagement directly impacts customer satisfaction, Sklavenitis’ comprehensive approach stands out as both a progressive and strategic business decision. By investing in its workforce, the company not only nurtures a supportive workplace but also drives superior corporate performance, setting a new benchmark for responsible employment practices in Cyprus.