European Parliament Library

Cyprus :, Selected Issues Paper

Abstract
The Selected Issues Paper focuses on Cyprus' banking sector vulnerabilities and its pension system. The most salient risks for the banking sector come from commercial banks domiciled in Cyprus. These banks have the strongest links with the local economy and are likely to experience further deterioration of their loan portfolios in both Greece and Cyprus. The paper reveals that, in 2011, Cypriot banks face capital needs estimated at €3.6 billion on a preliminary basis
Table Of Contents
Cover; Contents; I. Cyprus Banking Sector Vulnerabilities; A. Summary; B. Overview of the Banking System; C. Bank Solvency and Liquidity; D. Liquidity; II. The Cypriot Pension System: Issues and Reform Options; A. Introduction; B. Background; Tables; I. Cyprus Banking Sector Vulnerabilities; 1. Accounts of the Social Insurance Fund; 2. Current and Future contribution on Rates Based on Legislation; 3. GSIS and Public Sector Employee Schemes Compared; 4. Net Cost of Pension Schemes for Public Employees; C. Main Issues; 5. Projected Accounts of the Social Insurance Fund
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (55 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781463946197

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