News
Cyprus
First report 1h ago•Last update 1h ago

Cyprus Household Debt Decreases While Corporate Debt Rises

Household debt in Cyprus has fallen to €20 billion, while debt among non-financial companies has increased to €41.7 billion.

Background

Cyprus, an EU member state, has been working to stabilize its economy following a financial crisis in 2013. Efforts have focused on reducing high levels of public and private debt, which remain significant concerns for the country's economic stability and growth prospects.

Quorum · collective opinions

Cyprus Household Debt Decreases While Corporate Debt Rises

First report 3h agoLast update 3h ago
1 takes 1

iWitness comments

No comments yet — be the first to weigh in.