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...
Les Manison
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...
Serious inflationary and political pressures on 2022 government budget
The government budget for 2022 presented to the House of Representatives on October 7 calls for the overall deficit to be reduced substantially from an...
Unprofitable Cypriot banks need to elevate productive lending and reduce NPL sales
By Les Manison Comparative data for 2021Q2 published by the ECB under its Single Supervisory Mechanism, reveal that the three largest Cypriot banks performed poorly...
ECB policies contributing to ultralow interest rates, inflation and inequalities
Prospects for growth in southern European countries are in jeopardy Following the global recession and the European sovereign debt crisis the ECB adopted a...
Cyprus Economy: External imbalances and outlook could cause problems
The European Commission, the International Monetary Fund National and the credit rating agency Moody’s have reported that the Cyprus Government has managed the Covid-19 crisis...
Side effects of ECB policies hindering sustained economic recovery
In the aftermath of the global financial crisis central banks substantially lowered interest rates to support the recovery of their economies. In fact, the ECB...
Policies and reforms needed to produce equitable growth
Hourly pay for managers is over five times more than for elementary workers – the highest ratio in the EU. The much-heralded Cyprus Tomorrow plan...
