Dr Andreas Panayiotou


This paper examines the relation between the political elites and business interests in Cyprus, and how the elites attempted to enhance their position during the period 2010- 2020. The methodology is social-historical. Its empirical data are drawn from the major political and economic events during the period under review and are contextualised in broader systemic trends, such as the global banking crisis and the ambiguous, borderline status of the island. The banking mechanism (as a representative of finance capital) and its relation to other forms of capital (developers/construction industry, law firms and large accounting firms related to foreign capital and the ‘golden passports’ scheme as it turned out, and media owners) will be the focus in analysing business interests.




Cyprus, neoliberalism, socio-economic conflict, banks

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Guest-Edited Section