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This 2006 Article IV Consultation highlights that economic activity in Cyprus has recovered from a relatively weak … performance in 2002–03. Declines in interest rates and strong capital inflows associated with Cyprus’s accession to the European …
Persistent link: https://www.econbiz.de/10014405861
This 2004 Article IV Consultation highlights that economic growth in Cyprus has begun to rebound following a more …
Persistent link: https://www.econbiz.de/10014405992
This Selected Issues paper and Statistical Appendix analyzes labor market institutions and reforms for Cyprus. The …-setting mechanism. It also examines the trends and developments in the external competitiveness of Cyprus …
Persistent link: https://www.econbiz.de/10014405993
Cyprus’s economic performance in the past quarter century has been impressive but volatile, as the economy has come to … ability of the Central Bank of Cyprus to manage liquidity. Capital and financial market liberalization are planned to be …
Persistent link: https://www.econbiz.de/10014410951
The financial sector is mostly comprised of the banking sector, which largely provides insurance and asset management services. A large part of banking system assets relates to subsidiaries and branches of foreign banks. The banking sector poses risks by virtue of its size and concentration. The...
Persistent link: https://www.econbiz.de/10014403548
that Cyprus faces daunting economic challenges in the face of faltering external demand and worsening domestic financial …
Persistent link: https://www.econbiz.de/10014397440
The Selected Issues Paper focuses on Cyprus' banking sector vulnerabilities and its pension system. The most salient … risks for the banking sector come from commercial banks domiciled in Cyprus. These banks have the strongest links with the … local economy and are likely to experience further deterioration of their loan portfolios in both Greece and Cyprus. The …
Persistent link: https://www.econbiz.de/10014397489
Economic conditions have stabilized, and the economy is projected to bottom out in 2010, giving way to a mild recovery in 2011 followed by stronger growth. The foremost policy challenge is to achieve the official fiscal consolidation targets so as to put debt ratios on a declining path and...
Persistent link: https://www.econbiz.de/10014402592
Cyprus is broadly compliant with International Organization of Securities Commission (IOSCO) core principles in a …
Persistent link: https://www.econbiz.de/10014407472
Securities Regulation for Cyprus. There is provision in the law allowing for the sharing of information and cooperation with both … domestic and foreign regulators. The Cyprus law transposing the European Union Prospectus and Transparency Directives, together …
Persistent link: https://www.econbiz.de/10014407521