Inflation crisis: Does the government grasp the gravity of the situation?
Given that consumer prices will continue to rise over the coming months with increases in incomes falling far behind, even lower middle-income households are likely...
Les Manison
Cyprus: Cost of living problems likely to persist
The government’s budget estimates for 2022 now look way out of line The cost of living crisis afflicting households and businesses in Cyprus and...
Misleading official statements compounded by biased reporting
The government and banks issue deceptive statements and statistics and the media blindly report them without question By Les Manison According to Reporters Without Borders,...
Disappointing performance of Cyprus banks since 2015
Accumulating huge amounts of idle cash By Les Manison In response to the financial crisis of 2012/13 the government in agreement with the troika of...
Families suffer from falling wages and lack of decent jobs
How politics has led to deterioration of the labour market since 2012 Has the Cyprus economy recovered from the financial crisis of 2012/2013 in...
Inflationary consequences of Russia-Ukraine war and policy implications
The war between Russia and Ukraine and related sanctions has led to much higher energy, raw material and food prices that will seriously diminish the...
Date of presidential elections should be brought forward
By Les Manison Although the date of the presidential elections is still 12 months away there is already excessive attention being focused on the prospects...
Surging inflation and inequalities
The effects of the Covid pandemic have exposed and exacerbated income inequalities in Cyprus including large remuneration disparities between employees in the higher-paid public sector...
Inadequate institutional quality damaging Cyprus economy
Government inefficiency, corruption and bad policies based on ignoring the huge amount of debt will come back to bite us By Les Manison Research...
European Commission harming Greece and Cyprus with questionable forecasts
By Les Manison The autumn 2021 forecasts of the European Commission for Greece and Cyprus are excessively optimistic particularly on inflation rates and the government...
