Cyprus Business Now: weekly wrap-up

Here are the top business stories in Cyprus from the week starting August 26:

Starting with the economic landscape, the value of Cypriot bonds held by the Eurosystem has decreased to €6.38 billion as the European Central Bank (ECB) proceeds with its balance sheet reduction. These actions represent a strategic effort to tighten monetary policy amid inflation concerns, impacting 28 per cent of Cyprus’ issued debt.

Turning to fiscal policy reform, the University of Cyprus’ Economics...