Cyprus : Selected Issues.

This paper analyzes the economic effects of weak claims enforcement for Cyprus. Claims enforcement in Cyprus is considerably less efficient than in most European Union countries. The banking crisis, which led to a spike in the number of pending litigious civil and commercial cases, could be a factor...

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Tác giả của công ty: International Monetary Fund. European Dept
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2017.
Loạt:IMF Staff Country Reports; Country Report ; No. 2017/376
Truy cập trực tuyến:Full text available on IMF
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490 1 |a IMF Staff Country Reports 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a This paper analyzes the economic effects of weak claims enforcement for Cyprus. Claims enforcement in Cyprus is considerably less efficient than in most European Union countries. The banking crisis, which led to a spike in the number of pending litigious civil and commercial cases, could be a factor in the low enforcement efficiency. For Cyprus, piecemeal reform of the enforcement framework may have limited success, and a wholesale review is likely needed. Adding updated components may not fit well with the underlying civil procedure. Instead a comprehensive review, with a focus on limiting case suspensions allowed under interim applications and considering an alternative compensation basis for lawyers should be considered. 
538 |a Mode of access: Internet 
830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2017/376 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/002/2017/376/002.2017.issue-376-en.xml  |z IMF e-Library