Coronavirus: Challenges in productively absorbing EU funds
Cyprus will not be able to take full advantage of ample EU covid aid unless it is willing to undertake major reforms
In recent days there has been much advertising ...
Articles
EU Covid funds must be focused on narrowing inequalities
Government’s draft recovery plan still relying too much on boosting tourism and property investments
By Les Manison
The recent release of national accounts, public finance and employment “estimates” for 2020 ...
Pandemic has deepened existing glaring inequalities
In 2019, the average salary of a civil servant was €40,000, for a private sector employee it was €20,000
While the official estimate that real GDP contracted by just over 5 per cent in 2020 ...
Can the budgets deliver decent government policies and reforms?
By Les Manison
The state budget is the main instrument for allocating resources geared to meet the government’s policy objectives and reforms. And with the devastating impact of the ...