δείτε την πρωτότυπη σελίδα τεκμηρίου στον ιστότοπο του αποθετηρίου του φορέα για περισσότερες πληροφορίες και για να δείτε όλα τα ψηφιακά αρχεία του τεκμηρίου*
Understanding of the financial crisis in
Cyprus: its effects and the post crisis strategy.
Kouloudi, Eirini
Κουλούδη, Ειρήνη
Πρόγραμμα Μεταπτυχιακών Σπουδών στις Πολιτικές και Οικονομικές Σπουδές Σύγχρονης Ανατολικής και Νοτιοανατολικής Ευρώπης
Siokis, Fotios
Σιώκης, Φώτιος
This paper focuses on Cypriot economy with a special emphasis on the effects and aftermath
of the financial crisis that it has gone through. An overview of the island’s economy and its
key elements will help to get the thorough understanding of what had gone behind the screen.
Cypriot banking system in general and the situation around the globe that helped shape the
crisis will form part of the project. Situation around Europe, Admittance into EU and
ultimately Euro played an equally important part in the financial crisis history of the country.
Banking operations and especially the expansion program devised by the biggest banks will
be criticised.
Early symptoms and Cypriot entry into the financial difficulty will be highlighted along with
all the other factors that contributed to the ultimate demise of the huge banking empire. The
crisis period will form a part of the paper with all the relevant factors be considered.
European Union’s part and other unfortunate events will be analysed throughout in the later
area of this paper. Greek bonds and Cyprus’ reliance on Greece will be evaluated
extensively as this area is at the core of the whole financial crunch and will help understand
the story of the troubled nation.
Much criticized bailout package will be discussed and the Economic Adjustment program
initiated by Cypriot Government in the close collaboration with the European authorities
will be highlighted in detail. Cypriot connection and similarities with other European
countries which went through the similar financial phase after entry into the Euro will also
be written about. Ultimately the current situation and the recovery route will be discussed
along with the current performance of the government and other sectors.
*Η εύρυθμη και αδιάλειπτη λειτουργία των διαδικτυακών διευθύνσεων των συλλογών (ψηφιακό αρχείο, καρτέλα τεκμηρίου στο αποθετήριο) είναι αποκλειστική ευθύνη των αντίστοιχων Φορέων περιεχομένου.
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