COVID19: The cause of a new recession

By Nikolas Ioannou The Coronavirus, also known as COVID-19, originated in China at the end of 2019 and it has been identified as the cause of an outbreak of a respiratory illness,

Coronavirus could rattle Cyprus economy

As the novel Coronavirus spreads around the world, economies are shaken with stakeholders in the Cypriot economy fearing that if the virus poses a threat for a prolonged period Cyprus will pay a hefty price.

Cyprus recorded 3.2% GDP growth in 2019

The Finance Ministry said on Tuesday it is satisfied with Cyprus’ economic performance last year as the country’s annual GDP grew by 3.2% down from 3.8% in 2018. “These developments show that

Lack of diversity hurting Cyprus economy

Cyprus’ economy is still characterised by large economic imbalances, which, unless addressed, may impede its medium-term prospects, the European Commission warns in its in-depth analysis. It said Cyprus’ large imbalances are a

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