Eurostat published the results of the survey studying the living conditions across European Union. The numbers are a couple of years outdated, but I don’t think things have changed dramatically during this time.
Cross-country comparisons (see Figure 5) reveal that in 2016 more than half of the population in Croatia (51.4 %) and Cyprus (59.8 %) reported having difficulty or great difficulty in making ends meet, while this share rose to more than three fifths of the population in Bulgaria (61.7 %) and to more than three quarters of the population in Greece (76.8 %); more than half the populations of the former Yugoslav Republic of Macedonia (55.5 %; 2015 data) and Serbia (63.9 %) also faced difficulty or great difficulty in making ends meet. On the other hand, less than 1 in 10 persons in Sweden (7.6 %), Germany (6.9 %) and Finland (also 6.9 %) reported facing difficulty or great difficulty in making ends meet; this was also the case in Norway (5.4 %).
I consider Tim O’Reilly to be one of the smartest people around. Whether you agree with that or not, or whether you worry about his education agenda being pushed too much, the “Networks and the Next Economy” slides are still worth the time. These are both current and futuristic at the same time.
Zyprus.com has this nice Affordability Calculator, which, given a few basic numbers, helps one estimate the price of the house that will comfortably fit into the budget (yeah, those are the words they use). It’s a nice tool for people who have been saving up to buy a property. For me though, no matter what I put, it returns this:
Nothing new here, but it’s always good to get a confirmation from another source.
Cyprus Profile has published Cyprus Country Report 2017. It’s a nice overview of the state of the economy in the country, with advertising, interviews and analytics covering the major business sectors.
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