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considers the real causes of the problems facing the Cyprus Economy and the reluctance of the Government to take firm action to … put back the country on a development path. Cyprus must rebuild its economy on solid and sustainable foundations. The … take the initiative so as to create a National Development Finance Agency in Cyprus to undertake the lead in appraisal and …
Persistent link: https://www.econbiz.de/10012970211
Cyprus bail-in and the blanket approach of the Government to attract foreign investment the author reminds that failed …
Persistent link: https://www.econbiz.de/10013053550
The author emphasizes the need to address private indebtedness as the main cause of the problem which manifests itself in a huge amount of non-performing loans following the bail-in of deposits of 2013. The focus should not be on how to compensate depositors or bond holders or even shareholders...
Persistent link: https://www.econbiz.de/10012932266
The paper is a short article on the need to have an independent and objective assessment of public sector capital investment projects applying cost-benefit methodology and economic analysis which highlights how various stakeholders in a Public-Private Partnership gain or lose from such...
Persistent link: https://www.econbiz.de/10013292651
particular it is argued that the Cyprus Government response to the pandemic crisis is a recipe for economic disaster as it …
Persistent link: https://www.econbiz.de/10012829294
Through this paper the author discusses the phenomenon of excessive Government borrowing and the factors that lead Governments to be so dependent on financial markets. It is argued that the combined effect of unregulated financial intermediaries, hedge funds and Credit Rating Agencies in...
Persistent link: https://www.econbiz.de/10010079549
considers the changes necessary to rebuild the economy of Cyprus on solid and sustainable foundations. The effort should revolve … culture in the working population. It is recommended that Cyprus should establish a National Development Finance Agency to …
Persistent link: https://www.econbiz.de/10010148292
Economic policy in Cyprus completely ignores the fact the problem to overcome is the enormous, and almost unprecedented … remaining systemic banks in Cyprus. It presents the problem of the non-performing loans as being the only remaining problem of …
Persistent link: https://www.econbiz.de/10012914185
sector indebtedness in Cyprus is addressed as the main economic problem impeding sustainable development to take place …. However, the Government and the banks in Cyprus continue to define the problem as being the non-performing loans (NPLs) and … second biggest and Government owned and controlled bank, the Co-Op Cyprus Bank, which had already received a recapitalisation …
Persistent link: https://www.econbiz.de/10012916496
Unproductive debt and a broken banking system are identified as the main reasons why the real economies of developed countries are experiencing financial crises. Moreover, the paper identifies concentration of money and power and loosely regulated financial markets as the main drivers impeding...
Persistent link: https://www.econbiz.de/10012846708