2021

Car sales continue to drop into 2021

In the first two months, car sales continued on their downward spiral that started two years ago, compounded when the coronavirus pandemic struck the industry in 2020. According to the Cyprus Statistical

EU expects 3.2% Cyprus GDP growth for 2021

The European Commission expects the Cyprus economy to grow by 3.2% against a recession of 5.8% for 2020, according to its winter economic forecasts issued Thursday. GDP growth is expected to remain

Cyprus economy to rebound 4.5% GDP in 2021

Finance Minister Constantinos Petrides expects to see the Cyprus economy bounce back from the pandemic with 4.5% GDP growth in 2021 following a 5.5% contraction during last year’s health crisis. Addressing Invest

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Gold will glitter in 2021

By Stefan Nolte 2021 will be a bullish year for the yellow metal, although the enormous hike in 2020 (24.6% per ounce in US Dollars and 14.4% in euros), both the biggest

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Cyprus real estate will hold firm in 2021

By Charalambos Pitros While uncertainties remain for 2021, the Cyprus property market will continue to show its strength. With at least two viable vaccines, low mortgage rates, tight supply and supportive government

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