Any further measures to support the economy in 2021 should be targeted CBC notes

any-further-measures-to-support-the-economy-in-2021-should-be-targeted-cbc-notes
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Any further measures to support the economy from the impact of the pandemic in 2021 should be targeted, aiming at minimizing the consequences, while reducing the effects on public finances, the Central Bank of Cyprus (CBC) points out in its annual Financial Stability Report for 2020. It is also noted that medium-term risks to financial stability are high and the CBC is monitoring them closely in order to take measures to reduce potential vulnerabilities in the system. “While the economy of Cyprus …

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