finance

There are no free lunches

  By Michael Olympios Economics is famous for the concept of opportunity cost – an idea that holds that there’s no such thing as a free lunch. Almost every policy decision must

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The future of digital money

By Marios Charalambides & Alexandros Vacanas The launch of Bitcoin in 2008 and the blockchain technology behind it has unveiled to the world of finance a new revolutionary decentralised operating infrastructure. The

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Learning to swim in cash

The latest liquidity statistics released by the Single Supervisory Mechanism revealed that Cypriot banks are swimming in cash. They have more cash than they know what to do with, according to the

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Government committed to reducing NPLs further

Tackling non-performing loans (NPLs) remain at the heart of economic policy with a stable legal framework on foreclosures and an effective insolvency process, the Finance Ministry said. It said there was “enormous

Retail bonds are still a good earner

The 6-year government retail bonds programme is expected to continue despite no longer carrying an attractive interest rate of almost 6% and having to depend solely on local investors. Despite being removed