Reform process at risk following better than expected economic data

By Stelios Orphanides

Almost two and a half years after Cyprus’s economy experienced its worst crisis since 1974, a better than expected performance of the economy and budgetary position as well as the partial restoration of market access have allowed the appetite for structural reforms to considerably lessen, an economist said.

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.