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Cyprus: Selected Issues Paper

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  • International Monetary Fund

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.

Suggested Citation

  • International Monetary Fund, 2011. "Cyprus: Selected Issues Paper," IMF Staff Country Reports 2011/332, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2011/332
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    1. Mr. Jarkko Turunen & Mr. Richard T. Harmsen & Mr. Tamim Bayoumi, 2011. "Euro Area Export Performance and Competitiveness," IMF Working Papers 2011/140, International Monetary Fund.
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    Cited by:

    1. Bernard H Casey & Panayiotis Yiallouros, 2013. "The Slow Growth and Sudden Demise of Supplementary Pension," Cyprus Economic Policy Review, University of Cyprus, Economics Research Centre, vol. 7(2), pages 25-51, December.
    2. repec:erc:cypepr:v:7:y:2014:i:2:p:23-51 is not listed on IDEAS

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