European Parliament Library

Cyprus, Selected Issues, Mustafa Saiyid and Valentina Flamini

Abstract
The financial sector is mostly comprised of the banking sector, which largely provides insurance and asset management services. A large part of banking system assets relates to subsidiaries and branches of foreign banks. The banking sector poses risks by virtue of its size and concentration. The Cypriot banking system has weathered the crisis better than many other euro zone area countries. Significant headwinds for the overall banking system are expected, and the cooperative banks appear particularly vulnerable
Table Of Contents
Cover; Contents; I. Growing Challenges in the Cyprus Financial Sector; A. Introduction; B. Stability and Soundness of the Banking Sector; Tables; I-1. Cyprus: Financial Soundness Indicators, 2005-2010; Figures; I-1. Cyprus: Selected Financial Stability Indicators, 2009; C. Financial Supervision, Crisis Management and Contingency Planning; D. Conclusions; II. External Competitiveness Assessment; A. Introduction; B. Measuring Competitiveness; II-1. Cyprus: Competitiveness Indicators, 2009; C. Labor Market Developments; D. The Role of Wage Indexation; E. Developments in the Service Sector
Language
eng
Literary Form
non fiction
Copyright
Edition
First edition.
Note
Description based upon print version of record
Physical Description
1 online resource (43 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781283557450

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