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All reports tagged with: "household debt"

Cheap as chips or curry and chips?

Cyprus is the curry and chips after a long night at the pub and is lucky to have entered the crisis last and at a point where the US and Western European economies have stabilised from the post 2008 turbulence.

Cut interest rates, write off debt …

The Cyprus government must take a close look at the excessive household and business debt, and urgently raise the issue of possible debt write-offs, obviously under certain conditions and restrictions.

Will Cyprus adopt a debt relief package like Iceland?

Will Cyprus follow the example of Iceland and launch a mortgage debt relief programme to assist households who can no longer able to afford to maintain their mortgage repayments?

Dark days ahead for Cyprus

Businesses and households in Cyprus are facing the most difficult three years in the last thirty, according to the autumn forecasts released yesterday by the European Commission in Brussels.

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