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by KTG
Sun Feb 19, 2017 5:33 pm
Forum: General Discussion Area
Topic: FinMin: Cyprus economy recovering
Replies: 4
Views: 2109

Re: FinMin: Cyprus economy recovering

One major blight on any recovery is the Non-Performing Loans ratio. Cyprus leads the world on this with 47%, even Greece can only manage 37% and the EU average is 5%. It's hard to believe banks could have been so profligate or is it!