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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
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
effectiveness of Cyprus’s banking regulatory and supervisory framework in place, and the resulting high degree of compliance with …
Persistent link: https://www.econbiz.de/10014405360
sustainability for Cyprus. The study analyzes the potential macroeconomic impact of different approaches to deal with the fiscal …
Persistent link: https://www.econbiz.de/10014405737
Various indicators place Cyprus’s banking system soundness ahead of emerging countries but behind advanced economies …. This report discusses financial sector stability in Cyprus, using a combination of accounting-based and market … cooperative banks in Cyprus. Credit risk appears as the main source of risk in the banking sector, with demand for real estate …
Persistent link: https://www.econbiz.de/10014405815
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
This Selected Issues paper and Statistical Appendix provides a brief assessment of Cyprus’s external position and its … composition in an international perspective. It discusses estimates of Cyprus’s external position based on partial International … Cyprus’s overall external position is hindered by the lack of data on nondebt stocks. The paper also analyzes aging and long …
Persistent link: https://www.econbiz.de/10014406293
This 2002 Article IV Consultation highlights that after four years of strong growth, economic activity in Cyprus has …
Persistent link: https://www.econbiz.de/10014406549