EIU forecasts 3.8% growth

The Economic Intelligence Unit (EIU) forecasts that the growth rate of GDP for 2005 will reach 3.8% vs. 3.7% in 2004, according to its Country Report on Cyprus. Additionally, the EIU forecasts

Trade deficit hits CYP 1.04 bln

The trade deficit in the first half of 2005 was up 1.2% to CYP 1.04 bln, according to figures released by the Statistics Department. Total imports/arrivals for the period January – June