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...
financial crisis
Rising global debt: will today’s necessity develop into tomorrow’s threat?
by Andreas Charalambous and Omiros Pissarides The financial crisis that unfolded in 2008 is inextricably linked to the disproportionate levels of private debt that...
Domestic violence rose during economic crisis, study shows
More people sought help for incidents of domestic violence during the height of the economic crisis than they did before and after, a new study...
How government policies are driving growing inequalities
By Leslie Manison A number of studies have concluded that Southern European countries in particular have experienced growing inequality since the beginning of the financial...
Expropriation of BoC deposits was most certainly not ‘the only sensible thing to do’
Your editorial (Cyprus Mail, December 21) regarding the expropriation of deposits from the Bank of Cyprus during the financial crisis states that this was “harsh”...
Industrial action study reflects financial crisis
Almost 200 strikes in both the private and public sectors have taken place over the past five years, recent research by the Department of...
Mixed village of Pyla cannot make ends meet
The municipal council of the village of Pyla is said to be on verge of financial collapse, unable to raise sufficient funds to cover...
UK economy wilting fast after Brexit vote, as PMI shows record drop (Updated)
By Andy Bruce and Douglas Busvine Britain’s economy is shrinking, the broadest survey of business confidence since last month’s historic vote to quit the...
The paradox of prosperity: dancing on a volcano
By Max Gevers In the European Union we have known unprecedented wealth and prosperity for more than a generation. Despite the recent financial crisis and...
Young voter apathy ‘tragic’ yet expected
By Andria Kades An alarming 77 per cent of young Cypriots have said they will not vote in May’s parliamentary elections mostly because they don’t...
