World Bank to help with Akamas tourism plan
Agriculture Minister Costas Kadis and Deputy Minister of Tourism Savvas Perdios met with representatives of the World Bank on Thursday, who gave their advice on...
World Bank
World Bank to lend $500 million to help Brazil meet climate goals
The World Bank´s board of directors approved late on Thursday a $500 million project in Brazil to expand sustainability-linked finance and strengthen the private sector’s...
Ukraine’s Marchenko to chair IMF, World Bank governing boards in 2023
The shareholders of the International Monetary Fund and World Bank on Friday selected Ukrainian Finance Minister Serhiy Marchenko as the next rotating chair of the boards of...
Public’s ‘financial behaviour’ under scrutiny
The aim is to support responsible lending and responsible borrowing Cyprus’ only credit agency believes that the inclusion of data from the widest range...
Lies, damned lies, and … the World Bank
By George M Georgiou Although the phrase “lies, damned lies, and statistics” is often attributed to Mark Twain, no one can say with certainty...
Government slides on all World Bank indicators
Cyprus has slipped on all governance indicators compiled by the World Bank, particularly when it comes to the rule of law metric. The World Bank...
Our View: No surprise politicians ignore positive economic benefits of a solution
In the last few weeks there have been two reports about the economic benefits of a Cyprus settlement compiled by economists at two very different...
Cost of Cyprus stalemate constantly increasing, says World Bank
The cost of a Cyprus stalemate increases with each failed rounds of negotiations because foregone benefits are unlikely to be restored at the time of...
Perceived corruption levels on the rise
Cyprus has seen a spike in perceived corruption levels, a study conducted by the World Bank shows. Data reveals that from 2013 the country’s level...
Cyprus slides down World Bank business rankings
Cyprus has slipped eight spots to 53 in the overall rankings of the World Bank’s annual Doing Business report. Last year, Cyprus scored an overall...
