Coverart for item
The Resource Cyprus

Cyprus

Label
Cyprus
Title
Cyprus
Creator
Author
Subject
Genre
Language
eng
Summary
Cyprus has achieved an impressive turnaround since its banking crisis. Output growth has been accelerating for three consecutive years and is now strong, while unemployment is on a rapidly-declining path. The fiscal primary balance has swung from a large deficit to a moderate surplus. Emergency liquidity assistance to banks has been fully repaid and their deposit bases are growing. House prices have corrected. Yet private sector debt and nonperforming loans (NPLs)-key legacies of the previous boom-bust cycle-remain extremely large. Also, the pace of NPL reduction has been slow despite several years of robust GDP growth. Public debt is also elevated. Dynamic growth is set to persist for the next few years, underpinned by ongoing large construction projects and (albeit undesirable) continued weak payment discipline alongside slow progress with NPLs. Elevated financial sector vulnerabilities and the potential for a new construction boom, supported by possibly-volatile capital flows, pose risks to this outlook
Member of
Cataloging source
EBLCP
http://bibfra.me/vocab/lite/collectionName
IMF eLibrary
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
http://bibfra.me/vocab/lite/organizationName
Statistical Office of the European Communities
Series statement
IMF Staff Country Reports
Label
Cyprus
Instantiates
Publication
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
  • Cover; CONTENTS; CONTEXT; RECENT DEVELOPMENTS; REPORT ON THE DISCUSSIONS; A. Outlook and Risks; B. Policy Priority: Achieving Sustainable Deleveraging and NPL Reduction; C. Policy Priority: Ensuring Fiscal Sustainability without Procyclicality; D. Policy Priority: Ensuring Balanced and Sustainable Growth; STAFF APPRAISAL; FIGURES; 1. Macroeconomic Performance; 2. Inflation and Labor Market; 3. External Indicators; 4. Credit and Balance Sheets; 5. Banking Sector; 6. Housing Market; 7. Fiscal Developments; TABLES; 1. Selected Economic Indicators, 2014â#x80;#x93;22
  • 2. Fiscal Developments and Projections, 2014â#x80;#x93;223. Balance of Payments, 2013â#x80;#x93;22; 4. Monetary Indicators, 2010â#x80;#x93;16; 5. Financial Soundness Indicators, 2010â#x80;#x93;17; ANNEXES; I. Authoritiesâ#x80;#x99; Response to Past Policy Recommendations; II. Effects of Special Purpose Entities on Cyprusâ#x80;#x99;s Macroeconomic Statistics; III. Evolution of Nonperforming Loans; IV. Risk Assessment Matrix; V. External Sector Assessment and Debt Sustainability; VI. Public Sector Debt Sustainability Analysis; VII. The Proposed National Health Service; CONTENTS; FUND RELATIONS; STATISTICAL ISSUES
Control code
1020030232
Dimensions
unknown
Extent
1 online resource (81 pages)
Form of item
online
Isbn
9781484332801
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.5089/9781484332726.002
Specific material designation
remote
System control number
(OCoLC)1020030232
Label
Cyprus
Publication
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
  • Cover; CONTENTS; CONTEXT; RECENT DEVELOPMENTS; REPORT ON THE DISCUSSIONS; A. Outlook and Risks; B. Policy Priority: Achieving Sustainable Deleveraging and NPL Reduction; C. Policy Priority: Ensuring Fiscal Sustainability without Procyclicality; D. Policy Priority: Ensuring Balanced and Sustainable Growth; STAFF APPRAISAL; FIGURES; 1. Macroeconomic Performance; 2. Inflation and Labor Market; 3. External Indicators; 4. Credit and Balance Sheets; 5. Banking Sector; 6. Housing Market; 7. Fiscal Developments; TABLES; 1. Selected Economic Indicators, 2014â#x80;#x93;22
  • 2. Fiscal Developments and Projections, 2014â#x80;#x93;223. Balance of Payments, 2013â#x80;#x93;22; 4. Monetary Indicators, 2010â#x80;#x93;16; 5. Financial Soundness Indicators, 2010â#x80;#x93;17; ANNEXES; I. Authoritiesâ#x80;#x99; Response to Past Policy Recommendations; II. Effects of Special Purpose Entities on Cyprusâ#x80;#x99;s Macroeconomic Statistics; III. Evolution of Nonperforming Loans; IV. Risk Assessment Matrix; V. External Sector Assessment and Debt Sustainability; VI. Public Sector Debt Sustainability Analysis; VII. The Proposed National Health Service; CONTENTS; FUND RELATIONS; STATISTICAL ISSUES
Control code
1020030232
Dimensions
unknown
Extent
1 online resource (81 pages)
Form of item
online
Isbn
9781484332801
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.5089/9781484332726.002
Specific material designation
remote
System control number
(OCoLC)1020030232

Library Locations

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      5998 Alcalá Park, San Diego, CA, 92110-2492, US
      32.771471 -117.187496
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