POLITICAL ANALYSIS AND OUTLOOK. The latest gas find brings closer the moment of reckoning among political players in Cyprus and…
2012: back into recession. The year in which Cyprus slipped back into its second recession since 1974 (the first was…
In our latest Sapienta Country Analysis Cyprus authored by @FionaMullenCY we update our debt forecast and analyze ability to service…
In an interview with the Financial Times this week, the finance minister, Harris Georgiades, referring to the Turkish Cypriot banking sector, said “It’s a bit of a wild-west situation. Nobody knows enough about ownership, capitalisation and supervision in the Turkish Cypriot banking system.” Taken at face value, this suggests that there is no information at all on the Turkish Cypriot banks. However, with a little bit of digging and a lot of Google Translate, it is possible to glean some facts about the banks in northern Cyprus.
According to the latest flash estimate from the Statistical Service, Cystat, the Cyprus economy is growing again. Real GDP growth…
In the 2016 World Bank Doing Business Rankings, Cyprus climbed 17 places to 64 from 47 previously, with its score…
Talks to resolve the Cyprus problem start earlier than expected on Friday, and all of a sudden, after more than ten years and lots of tears, people are daring to hope again that a solution might be possible.
According to research, the hardcore ‘no’ vote among Greek Cypriots is about 25%. Interestingly, it is the same size as the hardcore ‘yes’ vote. That leaves a very large 50% of undecided voters. These people will be swayed by whoever has the best strategy for the referendum. Read full article here
A few weeks ago the Statistical Service Cystat produced the latest national accounts data for 2014, showing gross domestic product…
In the past few weeks, geopolitical developments have underlined the difficult task that Cyprus faces in treading a fine line…
Sapienta Country Analysis Cyprus, August 2014
Executive summary
Political analysis and outlook The minority DISY-led government has faced fierce resistance to a bill to speed up foreclosures on non-performing loans (NPLs) that is due for a parliamentary vote on 5 September. There are hopes that the autumn period will see a revival of the slow-moving negotiations to resolve the Cyprus problem but we believe that there will be no significant progress until after the Turkish Cypriot presidential election in April 2015.