An Abominable Legacy
3 Pages Posted: 8 Apr 2017
Date Written: August 1, 2014
The author discusses the succession of a Government and President in Cyprus who made huge mistakes in policy and drove the country to the bail-in with one that makes up policy by public relations and who seems to be lacking substance and leadership qualities. The problem with such President of course is that he soon becomes vulnerable to organised interests who happen to have or can somehow secure access to the Presidential Palace. Unfortunately, an over-confident president with a dominant and overwhelming personality but one who, as it seems, is also superficial and conniving in his approach, is liable to drive the country into new and bigger dangers and risks.
Keywords: development planning and policy, project evaluation, credit risk
JEL Classification: O20, D61, G21
Suggested Citation: Suggested Citation