Cyprus President urges patience on the economy

Cyprus President Nicos Anastasiades suggested everybody to be patient concerning developments in the economy, noting that “hard work brings good results”. In a brief statement, while exiting the Presidential Palace, in Nicosia,

Cyprus revised GDP deepens Q4 recession

Full national accounts figures have revised down the contraction in the fourth quarter to a seasonally adjusted 3.3% from a previous flash estimate of 3%. On a non-seasonally adjusted basis real GDP