Clicky

eurozone fiscal policy

economics central bank

Central Bank Governor Highlights Risks Amidst Economic Optimism

By

The Central Bank governor, Christodoulos Patsalides, raises concerns about risks in the economy, advising stable fiscal policy to attract foreign investment and cautioning against a windfall tax on banks that could deter investors. His remarks highlight the need for banks to balance financial objectives with social responsibility and adapt to societal concerns, particularly in the face of surplus liquidity, divergent interest rates, and decreasing loan demand signaling potential economic growth issues.

economic resilience structural reforms

IMF Official Urges Cyprus to Seize Economic Momentum for Structural Reforms

By

The IMF has urged Cyprus to implement structural reforms in justice, education, and green transition to enhance economic growth, including investing in STEM education and promoting projects like the LNG terminal. These reforms, along with a focus on fiscal policy and the financial sector, can leverage the country’s economic resilience and pave the way for sustainable development and prosperity.

eurozone fiscal policy fiscal conservatism

Cyprus and the Eurozone’s Fiscal Policy Alignment

By

Cyprus aligns with the Eurozone’s fiscal policy through a conservative approach, focusing on careful spending and budgeting. The country supports EU initiatives for capital market unification, engages with the Recovery and Resilience Facility, and invests in transitioning towards a green and digital economy, enhancing stability and investor confidence.

Scroll to Top