Cyprus trade deficit reaches 2.8 bln euro

The trade balance deficit in Cyprus reached in January-July this year 2.8 billion euro, according to Eurostat. According to Eurostat, the total value of exports amounted to 600 million euro, a decrease

IMF bullish on Cyprus economy

The International Monetary Fund (IMF) has presented a positive outlook on the Cyprus economy, according to the October 2007 World Economic Outlook. The IMF anticipates that real GDP growth in 2007 will