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...
World Bank
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...
International players pledge to support solution financing
International organisations agreed on Thursday that in the event of reunification in Cyprus they would seek to coordinate support for the economy and their plans...
Georgiades: inconceivable to oppose solution on financial grounds
It would be inconceivable to oppose a Cyprus solution on the grounds of financial difficulties, Finance Minister Harris Georgiades has said, adding that would be...
Cost of property compensation could bankrupt unified Cyprus, according to World Bank – report
World Bank estimates on the cost of compensation for properties in the context of a comprehensive solution to the Cyprus problem are prohibitive as it...
Leaders to discuss the economic aspects of the reunification of Cyprus
Cyprus President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci meet today in the context of the UN-brokered talks to take stock of the discussions...
