News Cyprus Debt: Cypriot household debt 77 per cent of GDP, corporate debt ratio twice as high
The household debt ratio in Cyprus stood at 77 per cent of GDP at the end of the third quarter of 2022, marking a slight decrease compared to the previous quarter, according to a report released this week by the Central Bank of Cyprus (CBC). The central bank primarily attributed…
News Cyprus Debt: Mexico Cuts Pemex Debt Burden by $3.2 Billion
Mexico’s government said it had slashed Petroleos Mexicanos’ debt burden by $3.2 billion through a refinancing operation.Most Read from BloombergCypriot Scientist Says Deltacron Covid Variant Isn’t Er ...
News Cyprus Debt: China Moves to Give State Firms More Power: Evergrande Update
There’s growing evidence that China is encouraging state-owned property developers to take market share from stressed rivals to limit the spread of contagion from the debt-stricken industry.Most Read ...
News Cyprus Debt: The wasted crisis of 2013
From the banking sector to public finances, Cyprus squandered the opportunities for vital economic reform It is often quoted that crises create opportunities. However, the Cypriot authorities have ...