Socio-economic challenges facing new government
By Les Manison In his campaign to become President of the Republic of Cyprus Nikos Christodoulides promised that his government would be one of “broad...
Les Manison
Performance of Cyprus banks disappointing since 2015
Bankers failed to make use of idle cash and help create a healthy, equitable economy The activities and performance of Cyprus banks during the Anastasiades...
Management of the Cyprus economy since 2013 has only benefited the few
The Cyprus government under the leadership of President Nicos Anastasiades has done a poor job in managing the economy with respect to benefiting most of...
Corruption is damaging Cyprus economy and society
According to the Eurobarometer survey of July 2022, 94 per cent of respondents were of the view that corruption was widespread in Cyprus and that...
Taxpayers and depositors being taken for a ride
Between the government’s main focus being more and better paid public employees and banks’ passiveness and single-mindedness the economy only works for the few President...
An uncaring government propped up by weak institutions
The focus on property development and consumerism favour the elite at the expense of the environment and ordinary citizens The ongoing performance and policies of...
European economies need strong redistribution policies
The Covid-19 pandemic and the Russia-Ukraine war have had major socio-economic repercussions reflected in slower eco-nomic growth and rampant inflation together with a related severe...
Unrealistic and inadequate budget for 2023
Government more interested in pleasing credit-rating agencies than citizen welfare By Les Manison In presenting the government budget for 2023 to the House of Representatives...
Inadequate government response to cost of living crisis
The prospect of a recession in Cyprus is a distinct possibility According to the latest Eurobarometer by the European Commission seven out of ten Cypriots...
Misguided policies aggravating euro area problems
Cyprus borrowed heavily with low-cost bond issues to finance their excessive current expenditures Economic and financial crises in the euro area are fast developing. With...
