Cyprus : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cyprus.

Cyprus is recovering strongly from the 2012-13 crisis. GDP growth is projected to remain above 4 percent in 2018-19, buoyed by services and foreign-financed construction. Unemployment is rapidly declining while large fiscal primary surpluses are putting public debt back on a declining path. Neverthe...

Descrizione completa

Dettagli Bibliografici
Ente Autore: International Monetary Fund. European Dept
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2018.
Serie:IMF Staff Country Reports; Country Report ; No. 2018/337
Accesso online:Full text available on IMF
LEADER 01900cas a2200241 a 4500
001 AALejournalIMF018915
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781484387344 
022 |a 1934-7685 
040 |a BD-DhAAL  |c BD-DhAAL 
110 2 |a International Monetary Fund.  |b European Dept. 
245 1 0 |a Cyprus :   |b 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cyprus. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2018. 
300 |a 1 online resource (80 pages) 
490 1 |a IMF Staff Country Reports 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Cyprus is recovering strongly from the 2012-13 crisis. GDP growth is projected to remain above 4 percent in 2018-19, buoyed by services and foreign-financed construction. Unemployment is rapidly declining while large fiscal primary surpluses are putting public debt back on a declining path. Nevertheless, crisis legacies continue to weigh on the banking system. In early 2018, difficulties in the Cyprus Cooperative Bank led the authorities to intervene, albeit at a significant fiscal cost. In the process, a package of legislative measures strengthening the insolvency and foreclosure regime was also approved, which is now catalyzing the cleanup of bank balance sheets. These developments have led to a sovereign ratings upgrade, restoring Cyprus's investment grade status. 
538 |a Mode of access: Internet 
830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2018/337 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/002/2018/337/002.2018.issue-337-en.xml  |z IMF e-Library