Our View: Finance minister needs to put sensitivities aside
Finance minister Makis Keravnos was disparaged and ridiculed for the measures he announced after Wednesday’s council of ministers meeting, one newspaper columnist referring to them...
economy
Human resources ‘the most important wealth-producing resource’, minister says
Human resources are “the most important wealth-producing resource of our economy”, according to Labour minister Yiannis Panagiotou. Panagiotou was speaking at the Cyprus human resources...
Neophytou urges government to take ‘prompt’ measures on economy
Former Disy leader Averof Neophytou on Thursday called on the government to take immediate measures to deal with the negative trends shown by economic indicators...
Our View: Suspension of tax treaty has little impact on the economy
The decision of the Russian Federation to suspend its double taxation agreements with a host of countries it considers ‘hostile,’ including Cyprus, because of the...
Italy GDP unexpectedly shrinks in blow to Meloni
Italy’s economy performed surprisingly poorly in the second quarter, data showed on Monday, offering an uncomfortable outlook for Prime Minister Giorgia Meloni as her government...
‘Significant delays’ in Cyprus’ recovery and resilience plan, fiscal council warns
Cyprus’ fiscal council noted significant delays in the implementation of commitments related to the Recovery and Resilience Plan (RRP), in its interim report published on...
Debt management issues for developing economies
By Andreas Charalambous and Omiros Pissarides Three years after defaulting on its repayments, Zambia recently reached a debt relief deal. The end of the impasse...
Cronyism and inequity continue with new Cyprus government
By Les Manison Newly elected President Nikos Christodoulides promised in his campaign that his government would be one of “broad social acceptance”. For the economy...
New bill allowing court challenges to foreclosures would be a disaster, banks warn
Banks warned on Friday that a proposed bill to allow loan defaulters to file a case in court to suspend the foreclosure process, posed a...
Sanctions leave Cyprus’ economy reeling
As Cyprus braces for an almost inevitable new wave of sanctions to hit soon, the government conceded on Wednesday the effect on Cyprus’ services sector...
