The Cyprus Government may find it hard to convince foreign investors and credit rating agencies of the effectiveness of its fiscal consolidation efforts, as borrowing costs rise and the danger of having to resort to the European rescue mechanism looms, economists warned yesterday.
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Cyprus may find it hard to convince foreign investors and credit rating agencies of the effectiveness of its fiscal consolidation efforts
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Ecb chief slams Cyprus rescue efforts
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Eurozone central banks may roll over Greek debt holdings
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Global recovery could falter:
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Rupee might continue to consolidate:
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Cyprus partly eases capital controls
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Government debt consolidation loans reality check
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Draghi may be doing the euro a disservice
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Cyprus seeking help from Russia and China
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Overall interest rates may not harden:
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Austerity measures threaten global recovery:
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Cyprus MPs to debate bailout
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Cost of credit needs to be more robust
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Interest rates could fall
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US 'not going to default':
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Cyprus set to become fifth eurozone country to receive an emergency bailout
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Cyprus economy could contract by 15 per cent this year